Incentive problems in a business can lead to:
A. ethical problems.
B. risk reduction.
C. wealth maximization.
D. full employment of resources.
Answer: A
Economics
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Why is it important to account for the net foreign factor income when calculating domestic income instead of national income?
What will be an ideal response?
Economics
A price index in its base year:
A. is always greater than 100. B. is always less than 100. C. is always equal to 100. D. cannot be determined without knowing the price level in the base year.
Economics