Which of the following addresses agency costs?
a. advertising for employee positions in as many outlets as possible
b. hiring only from job fairs
c. instituting longer work days
d. replacing closed offices with cubical office spaces
d
Economics
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Keynesian economists believe that
a. prices are very flexible b. changes in the money supply could cause changes in velocity c. real GDP is constant in the short run d. the only motive for demanding money is the transactions demand motive e. the economy operates at full employment
Economics
For a competitive firm, the marginal revenue product is:
A. always positive and nears zero as quantity increases. B. always negative and nears zero as quantity increases. C. decreasing eventually as quantity increases. D. zero when profits are maximized.
Economics