The White House's deficit commission has proposed several ways for the government to reduce the federal budget deficit, including freezing salaries of federal workers
Other things equal, freezing salaries of federal workers would tend to ________ the opportunity cost of leisure and ________ the supply of labor. A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
D
Economics
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Suppose a machine generates $500 worth of revenue at the end of each of the next three years, at which time it can be sold to a salvage company for $350. If the annual rate of interest is 0.08, what is the maximum amount a business would pay for this machine if maintenance costs are $100 per year?
A. $1506 B. $1309 C. $1096 D. $9567
Economics
Which of the following is not an external determinant of organizational architecture?
A. Administrative control systems B. Government regulations C. Technology D. Markets
Economics