Suppose new electronic devices make it easier to monitor the effort levels of workers. If some shirking is still possible in the efficiency wage model, what happens to the level of employment?

A) Increases, but some unemployment remains
B) Increases, and the labor market reaches full employment
C) Decreases
D) Does not change

Which of the following terms is not defined in the UCC

A) purchase money security interest
B) collateral
C) default
D) attachment
E) perfection

What entry is required in the company's accounts to record outstanding checks?

A) debit Accounts Receivable; credit Cash
B) debit Cash; credit Accounts Receivable
C) debit Cash; credit Accounts Payable
D) no entry required

New scientific knowledge mainly comes from university and government laboratories, not private firms, because

A) large corporations do not have funds available to channel toward basic research.
B) government pays scientists higher salaries than do private firms.
C) entrepreneurs find it difficult to secure venture capital to finance innovation.
D) basic scientific principles, as such, cannot be patented and do not always have commercial applicability.

For wages paid in 2017,an employer must send Copy A of each Form W-2 along with the W-3 transmittal form to the SSA no later than:

A) January 31,2018.
B) February 1,2018.
C) February 28,2018.
D) March 1,2018.

Omnichannel retailers use consumer information collected from the customers' Internet browsing and buying behavior to send dedicated e-mails to customers promoting specific products or services to

A) slay the category killers.
B) compete with off-price retailers.
C) drive their supply chain.
D) increase their share of wallet.
E) combat the inroads made by big-box specialty retailers.