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Evaluate the following statement: "I am a manager in a governmental agency. I have no control over compensation policy. All workers are paid the same salary (everyone is paid according to a set schedule and their remuneration cannot be adjusted by the manager), and I cannot fire them. Therefore, an understanding of the basic principles of organizational architecture will not help me be more effective in my job. Question is " Do you agree or disagree, and why?
1. in the context of the is-lm model what is the effect of each of the following on equilibrium output and the real
The government provides national dental insurance benefits for all U.S. citizens that cover 100% of the cost of all dental services. There are two effects of this policy. First, there will be an increase in the number of consumers of dental servic..
Globalization and global trade have led to increased competition in world markets and increased allocation of scarce resources. Is it accurate to say that this is contributing to increased consumer surplus and reductions in inflationary pressures.
On her employment application, Rhonda disclosed that she had been convicted of 2 misdemeanor larceny. Those convictions made it unlawful for her to become an employee of Midwest without FDIC approval. Midwest proceeded with its working relationshi..
Microhard has issued a bond with the following characteristics:
Based on the newspaper government spending in the US is expected to rise through $30 billion next year. One of the senators of your state is touting how this increase in spending will lead to an rise in employment and aggregate output.
Elucidate a firm competes in the market. Does the firm engage in price or non-price competition
If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development. Illustrate what condition would encourage research and development in..
Which professor is better off. The starting salary for a new assistant economics professor was 15000 in 1976 and 80 000in 2005. The value of the CPI for 2005 was 195.3 compared to 56.9 in 1976. In which year did a newly hired professor earn more in..
Can you find an example of natural resource policies (in the USA or elsewhere) that attempt to achieve efficient rates of harvest for renewable resources?
Explain why competitive markets normally lead profit maximizing firms to make choices about resource use that lead to an "efficient" allocation of resources to the market?
An increase in the dollar price of yen necessarily means a fall in yen value of dollars. Do you agree? Discuss and explain; The critical thing about exchange rates is that they provide a direct link.
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