The number of satellite dishes increased by 50 percent when the average monthly price of cable TV increased by 10 percent. Assuming that other factors are held constant, satellite dishes and cable TV are classified as:

What can be done to deal with the principal-agent problem?

A) forbid managers from owning any company stock B) have the CEO be a rotating position C) link top manager salaries to the profits of the firm or the price of the firm's stock D) threaten to liquidate the firm

In the Keynesian model,

a. the autonomous expenditure multiplier is lower than the tax multiplier. b. the autonomous tax multiplier is positive and large. c. the autonomous tax multiplier is larger (in absolute value) than the tax multiplier. d. the tax multiplier is equal to 1. e. none of the above.