Each year m. lloyd corporation rewards the year's best-performing employee. the reward is based on the individual performance of an employee, his or her level of commitment toward the organization, and his or her crisis management skills. the company gives this reward to encourage other employees to also put in the same kind of effort in their work. in this scenario, m. lloyd corporation follows the theory.

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.