Because Effective Incentive Compensation Plans Must Induce Individual Behavior Compatible

question 33

Multiple Choice

Because effective incentive compensation plans must induce individual behavior compatible with increasing the firm's wealth,for long-term incentives firms give

• A)cash bonuses and profit sharing.
• B)deferred compensation.
• C)special awards.
• D)reorganizations.

Understand the relationship between money supply, velocity of circulation, price level, and output.

Differentiate between the economic policies advocated by different schools of economics.

Analyze the implications of economic theories on fiscal and monetary policy.

Understand the concepts of rational expectations and their impact on policy effectiveness.