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Author Question: An incentive system is a A) method of organizing production that uses a market-like mechanism ... (Read 106 times)

WhattoUnderstand

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An incentive system is a
 
  A) method of organizing production that uses a market-like mechanism inside the firm.
  B) method of organizing production that uses a managerial hierarchy.
  C) set of rules that induce an agent to act in the best interest of a principal.
  D) method of production that implements an assembly-line process.

Question 2

The demand for money curve is the relationship between ________ and ________, other things remaining the same.
 
  A) the quantity of nominal money demanded; the real interest rate
  B) the quantity of real money demanded; the real interest rate
  C) the quantity of nominal money demanded; the nominal interest rate
  D) the quantity of real money demanded; the nominal interest rate



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macybarnes

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Answer to Question 1

A

Answer to Question 2

D





 

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