If a work performance measure is based on both objective and subjective measures, the objective measure would be:
A. quality of units produced.
B. the number of units produced.
C. employee dependability.
D. employees' willingness to cooperate with coworkers.
Answer: B
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In an industry where some firms were unionized and others were not, the union would oppose which of the following a. A decrease in the price of a complementary input
b. An increase in the price of a substitute input. c. An increase in demand for the goods produced by the industry. d. A shift in industry production overseas, where the union has no power.
Assume that the expectation of declining housing prices cause households to reduce their demand for new houses and the financing that accompanies it. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and GDP Price Index in the context of the Three-Sector-Model?
a. The quantity of real loanable funds per time period falls, and GDP Price Index rises. b. The quantity of real loanable funds per time period falls, and GDP Price Index falls. c. The quantity of real loanable funds per time period rises, and GDP Price Index falls. d. The quantity of real loanable funds per time period falls, and GDP Price Index remains the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
An increase in capital stock would
What will be an ideal response?
Which of the following is true for a monopolist but not for a firm in perfect competition?
A. The marginal revenue curve is downward-sloping. B. Marginal revenue equals price. C. Economic profits are zero in the long-run. D. The marginal revenue curve lies above the demand curve.