Measuring performance, If public opinion surveys show that

Measuring performance

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Reference no: EM13831118

Measuring performance:

If public opinion surveys show that the majority of Americans regard inflation as a more serious threat than unemployment:

a) Does this imply that the majority of Americans would rather be unemployed in a period of stable prices than employed in a time of rising prices?

b) If the management of a firm allowed employees to vote on whether the firm should lay off 10% of the employees or reduce wage rates by 5%, how do you think they would vote? Do you think the outcome of the vote would depend on whether the employees knew in advance exactly who would be laid off?

Reference no: EM13831118

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