In organizational design issues, decision rights pertain to
a. the legal workplace related rights of employees
b. the regulations governing how a potential customer chooses which product to purchase
c. the set of decisions that go with a particular position within the firm
d. who gets to decide from which place co-workers will order lunch
c
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Output in the short run is determined by which of the following factors when an economy operates at full employment?
A) the labor force B) supply C) the price level D) demand
Assume the economy is initially in equilibrium with real GDP equal to potential GDP. Other things equal, if the economy enters a recession, automatic stabilizers
A) reduce the magnitude of the multiplier and reduce the size of the decline in real GDP. B) reduce the decline in investment expenditures and therefore increase the real short-term interest rate. C) cause any decrease in real GDP to be offset by an equal decrease in the inflation rate. D) raise the interest rate to prevent the output gap from falling below equilibrium.