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Training is maximized when leaders set clear expectations for learners, use techniques for reinforcing learning during training, and take steps to ensure that the desired performance is maintained after training. First, briefly describe one of your job-related training experiences—e.g., what was the purpose of the training and what was the program format (see your textbook)? Using the parameters in your textbook as a guide, evaluate the effectiveness of the training experience.
What do you think about the organization and its products? Excellent Good Satisfactory bad. How much satisfied you are with the service delivery of the organization? Excellent Good Satisfactory bad. Have you recommended the organization to any of you..
What is social responsibility? How important it is toa customer and an employee?
Suppose that each worker in the Home country can produce three cars or two TVs. Assume that Home has four workers. Graph the production possibilities frontier for the Home country. What is the no-trade relative price of cars at Home?
Suppose the following market schedule defines the weekly market supply and demand for corn (in thousands of bushels): Price ($) 1 2 3 4 5 Quantity? 3 6 9 12 15 Quantity? 15 12 9 6 3 (a) Plot the market demand and supply (b) What is the equilibrium pr..
Compute the year-to-year growth rates of real GDP. Can you identify the recession that occurred during this period?
Suppose commercial banks have no excess reserves. Then new deposits totaling $1 billion come into the banking system. If the required reserve ratio is 20 percent, what is the maximum amount by which banks can increase deposits in the entire system?
If you could, how would you alter the way that GDP is defined and measured in the US? Make one recommendation. Explain what the current practice is, how you would change it, and why your proposed change would be an improvement.
Illustrate what economic decision makers determine the demand for labor. What is their goal, and what decision criteria do they use in trying to reach that goal.
The policies of the federal government influence the outcomes of the various activities in that economy. When government policies change or unplanned events occur, the resulting economic events or activity will usually change. For each of the items a..
Suppose a country has a production function that exhibits constant returns to scale. Starting from an initial steady state with population growth rate n and a rate of capital depreciation Delta, the country is devastated by an epidemic that quickly k..
What are the three functions of money? In your own words, explain why money is needed in a modern economy. Why would it be very difficult to get by without money?
1. Assume households have utility function U(C, I) = 2cl1/2, can earn wage w per hour worked, and receive V in non-wage income. Total amount of time available for leisure l and labor h is T = h + l.
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