Normally, owners of firms should try to induce their managers to care:
A. solely about profits.
B. about profits and output.
C. solely about output.
D. None of the statements associated with this question is correct.
Answer: A
Economics
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John Steinbeck's Cannery Row describes a character who takes his own life because of poor job prospects. If he was an unemployed person who gave up looking for work, he would be considered:
a. chronically unemployed. b. a discouraged worker. c. a member of the labor force. d. frictionally unemployed.
Economics
Actions by the Federal government that decrease the progressivity of the tax system:
A. Decrease the amount of government spending B. Increase the effect of automatic stabilizers C. Decrease the effect of automatic stabilizers D. Increase the multiplier effect
Economics