When a manager enters the workplace from time to time to monitor workers, he is using:
A. a revenue-sharing plan.
B. a piece-rate payment plan.
C. a profit-sharing plan.
D. spot checks.
Answer: D
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The main reason central banks engage in foreign-exchange interventions is to
A) stabilize the domestic money supply. B) stabilize domestic interest rates. C) stabilize foreign interest rates. D) stabilize the exchange rate.
Which of the following countries does NOT use the U.S. dollar as its official currency?
A) Panama B) El Salvador C) Ecuador D) Guatemala
According to the traditional classical school of thought, aggregate supply is vertical both in the short run and in the long run
a. True b. False Indicate whether the statement is true or false
A new computer will generate $1,000 in net revenue for a firm during its first year, $500 during its second year, $250 during its third year, and nothing thereafter. If the interest rate is 10 percent (0.10) per year, what is the present value of the computer to the firm? (The first payment will be received at the end of this year.)
a. $1,590.91 b. $1,510.14 c. $1,750.00 d. $1,446.28 e. $1,661.16