In which of the following situations would a parcel of property be reassessed?
A: After the tax rate has been set and the revenues that are projected are not enough to cover the needs that are projected;
B: Every two years;
C: Only when the buildings have been destroyed and rebuilt;
D: Every time the property is sold.
Answer: D: Every time the property is sold.
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An immoral manager would most likely follow this orientation in meeting his or her organizational goals:
a. Profitability within the confines of legal obedience and ethical standards
b. Profitability is not important, since the firm's purpose is to serve the
public's needs
c. Profitability only, with no other goals considered
d. Profitability and organizational success at any price
According to this theory, efficiency and the general economic welfare are optimized when each country produces that for which it enjoys a cost advantage.
A. The marginalist theory B. The Doctrine of Protectionism C. "Buy American" laws D. The law of comparative advantage