If demand falls and supply falls, equilibrium price will _____ and equilibrium quantity will _____.

The most common measure of productivity shocks is known as

A) the Solow residual. B) the Lucas supply curve. C) the Prescott productivity parameter. D) the Kydland factor.

As a result of moving more decision making from the center toward the periphery of the organization, typically

a. the flow of information to the decision maker that is relevant to the decision should be enhanced b. the flow of information from the decision maker that is relevant to the decision should be enhanced c. the incentives to make good decisions should be strengthened d. the incentives to make good decisions should be weakened