A productivity slowdown could result from
a. an increase in capital formation
b. an increase in the number of unskilled and inexperienced workers.
c. a decrease in the relative size of the service sector.
d. any of the above.
b
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In order to be useful as a signal in a market with information asymmetry, the signal must be ________
A) easily available B) inexpensive C) unique D) difficult to obtain
Which is the most accurate statement?
A. We have never had corporate corruption until around the year 2000. B. If you asked the average American if he believed all corporate officers were honest, he would answer "Yes." C. Enron is the only large corporation that was caught up in a financial scandal since the 1980s. D. Although it may be years before we know the full damages incurred, it seems very likely that the corporate financial scandals of recent years will end up costing those corporations and the public billions of dollars.