Straight line pay for performance
a. Provides an incentive to increase performance
b. Breaks the link between meeting a particular budget target and compensation
c. Rewards the manager for doing more and punishes them for doing less
d. All of the above
d
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Does it appear that currency boards make fixed exchange rates credible?
What will be an ideal response?
If the Federal Open Market Committee (FOMC) decides to expand the money supply, then: a. it will issue directions to sell U.S. government securities, thus increasing the velocity of circulation of the money supply. b. it will issue directions to purchase U.S. government securities, thus putting more reserves in the hands of banks. c. it will order new Federal Reserve notes delivered to member
banks. d. it will raise the discount rate to member banks.