Identify the correct statement about relationships depicted in an organization chart
a. A line that links an individual/division with the same at a lower level depicts informal authority of the former over the latter.
b. Equality on the chart for individuals A and B must mean they both have the same authority in practice.
c. It shows all relations between employees of an organization.
d. A line that links an individual/division with the same at a lower level depicts formal authority of the former over the latter.
D
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Which of the following would cause an increase in the supply of cheese?
A) an increase the price of a product that producers sell instead of cheese B) an increase in the price of cheese C) a decrease in the price of wine (assuming that cheese and wine are complements) D) an increase in the number of firms that produce cheese
How does an increase in government spending affect the aggregate expenditure line?
A) It shifts the aggregate expenditure line upward. B) It increases the slope of the aggregate expenditure line. C) It shifts the aggregate expenditure line downward. D) It decreases the slope of the aggregate expenditure line.