If an exporter wants to limit the effect of possible changes in the exchange rate on the value of her exports, then she can adopt a strategy known as

Phases and turning points of the business cycle are expansion, peak, recession and trough

Indicate whether the statement is true or false

A commission-paid shoe salesman must decide whether to work hard or shirk. Working hard would increase the probability of a sale from 20% to 40% but would cost him $20 . If the salesman is paid a $40 commission per sale and a $20 fixed salary and is under monitoring where he would get fired if he doesn't work hard, what would he choose to do?

a. Work hard b. Shirk c. Walk away from the job d. None of the above