The ways to address agency costs include all EXCEPT
a. running background checks on prospective employees
b. requiring employees to punch time clocks
c. spot checks of the quality of employee's work
d. providing better coffee machines in the lunch room
d
Economics
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New York Times writer Michael Lewis wrote that "The sad truth, for investors, seems to be that most of the benefits....are passed through to consumers free of charge." To which of the following did Lewis refer?
A) the Enron accounting scandal B) apple farming in New York state C) new technologies developed in the 1990s D) the medical screening industry
Economics
The average propensity to save (APS) is the proportion of disposable income that is saved
a. True b. False Indicate whether the statement is true or false
Economics