A rightward shift of the BP curve occurs with a

a. fall in the exchange rate.
b. cut in taxes.
c. decrease in government spending.
d. an increase in exports.

D

Economics

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It was more than a century ago that an engineer named Frederick Taylor walked into factories and starting timing workers with a stop watch. He dissected their movements, and organized them more efficiently

He turned factory production into a science. Suppose work was completed in the factory based on what the floor manager decided and workers were paid a base daily wage plus a bonus when they produced more than expected. How does this firm organize production? A) through the command system B) through the incentive system C) through the market system D) through a mixed command and incentive system

Economics

In the presence of a negative externality generated by producing a good, a competitive market will produce more of that good than is socially optimal

What will be an ideal response?

Economics