Which of the following arguments is used in support of undertaking passive policymaking?
a. the phillips curve varies with inflation expectations.
b. wage flexibility is uncommon because of efficiency wages.
c. aggregate demand shocks play little or no role in the economy in the short run.
d. pure competition is not typical in most markets as imperfect competition dominates the economy.

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.

What business practice contributed most to andrew carnegie’s ability to form a monopoly?

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.