In the mid- to late 1980s, the United States had "twin deficits" because both ________ and ________ were negative

The income elasticity of demand is the percentage change in ________ divided by the percentage change in ________

A) the price; income B) the quantity demanded; income C) income; the quantity demanded D) income; the price

Which of the following is most likely to reduce the incidence of employee shirking?

a. use of the corporate business structure, rather than an individual proprietorship b. closely relating the pay of workers to their productive contribution c. payment of identical wage rates to all workers d. providing workers with a year-end bonus if the business firm loses money during the year