One way for a company like McDonalds to overcome principal-agent problems is to advertise for franchisees

a. True
b. False

B

Economics

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In any economy functioning at potential GDP, there are occasions when the short-term aggregate supply curve unexpectedly shifts, causing inflationary pressures. Which of the following is considered to be a common cause of this type of shift?

A. overoptimistic lending by banks B. sudden rise in input prices C. a surge of export sales D. a wave of government spending

Economics

According to the functional distribution of income, in the United States,

A) capital earns most of the income. B) the income earned by capital and labor are approximately equal. C) labor earns most of the income. D) land earns most of the income. E) entrepreneurs earn most of the income.

Economics