Which is believed to be one of the reasons for President Obama's call to increase the overtime pay threshold?

A) Companies believe that increasing the overtime pay threshold will promote competitive advantage.
B) Labor unions have threatened to strike.
C) New York and California have already set thresholds that are higher than the federal level (as of July 2015).
D) Raising the threshold will directly lead to a lower unionization rate in the private sector.

Answer: C

Business

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Which one of the following is the most recommended approach for a manager to enhance creativity within the group?

a. Staff the group with people of quite similar intellectual backgrounds. b. Keep risk taking to a minimum. c. Give support in terms of financial rewards and recognition. d. Prevent lethargy by making many discouraging comments.

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To increase the Sharpe ratio for a portfolio, an investor would have to add which one of the following?

A) stocks that increase expected return of the portfolio B) stocks that decrease expected return of the portfolio C) stocks that increase the volatility of the portfolio D) stocks that increase the correlation with other stocks in the portfolio

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