Which form of disciplinary action involves a situation where the employee is placed in a position of lower responsibility and pay?

A) suspension
B) termination
C) demotion
D) letter of reprimand

C) demotion

Economics

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During fiscal year 2012, the most recent mentioned in the text, the federal government spent approximately

a. $1.7 billion b. $1.9 trillion c. $3.7 trillion d. $14.0 trillion

Economics

If the firm were to produce 154.92 units of output,

a. efficient scale would be realized. b. ATC would be at its minimum value c. the firm would sustain a loss of more than $2.000 d. All of the above

Economics