A textile manufacturing unit faces low productivity due to shirking by workers. Which of the following is a possible solution to increase productivity and retain employees?
A) The provision of a lower real wage
B) The provision of a lower nominal wage
C) The provision of minimum wages
D) The provision of efficiency wages
D
Economics
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A commercial bank's reserves are equal to the amount of
A) the bank's loans. B) only the currency in its vault. C) currency in the bank's vault plus the balance on its reserve account at a Federal Reserve Bank. D) the bank's deposits. E) the bank's government securities.
Economics
An individual will be considered risk neutral if:
a. he is indifferent between taking and not taking up the gamble. b. he pays someone to take away the gamble from him. c. he pays someone to allow him to take the gamble. d. he takes up the gamble under any situation.
Economics