The Local Operations Manager for the Internal Revenue Service Must

question 106

Multiple Choice

The local operations manager for the Internal Revenue Service must decide whether to hire one, two, or three temporary tax examiners for the upcoming tax season. She estimates that net revenues (in thousands of dollars) will vary with how well taxpayers comply with the new tax code just passed by Congress, as follows:

If she uses the minimax regret criterion, how many new examiners will she decide to hire?

• A)one
• B)two
• C)three
• D)either one or two
• E)either two or three

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Definitions:

Local Industries

Economic activities or sectors focused on producing goods or services predominantly catered to the domestic or regional market.

Export Promotion

A strategy or policy aimed at encouraging the sale of goods and services to foreign countries to boost the exporting country's economic base.

Manufacture Goods

Products that have been processed or transformed from raw materials into finished goods ready for sale.

MDG Concerns

Pertains to issues or matters that directly impact the progress or achievement of the Millennium Development Goals, which are a set of eight global development targets.