Which of the following represents a potential solution to the problem of environmental pollution?

a. corrective taxes
b. well established property rights
c. government regulation
d. All of the above are correct.

d

Economics

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Suppose the exchange rate was $0.50 for one British pound. If the exchange rate falls to $0.20 for one pound, we would expect to see

A) more exports to the U.K. since the price of the pound has risen. B) fewer exports to the U.K. since the price of the pound has risen. C) more U.S. imports from the U.K. since the price of the pound has fallen. D) more U.S. exports since the price of the dollar has fallen.

Economics

Which of the following is true of matrix organizations?

A. Employees are more likely to focus on the overall business process rather than on their functional specialty. B. Influence costs are low as there are separate product and functional managers. C. Employees have strong incentives to cooperate with other teams within a company. D. There are well-defined lines of authority, eliminating scope of interdependence and lack of incentives.

Economics