Incentive pay plans that seek to tie worker compensation more closely to worker performance includes the following, except:
A. Commissions or royalties
B. Seniority-based pay scale
C. Stock options and profit-sharing
D. Efficiency wages
B. Seniority-based pay scale
Economics
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Which of the following is one way the Federal Reserve Bank serves the government?
(A) Financing state government projects. (B) Making loans to the government. (C) Minting coins for the government. (D) Selling government securities.
Economics
Which of the following statement is true?
a. The demand for Cheerios is less elastic than the demand for cereal b. The demand for gas is more elastic in the short-run than in the long-run c. The demand for puma shoes is more elastic than the demand for shoes d. Products with many complements have a more elastic demand
Economics