The critical incident method involves identifying and describing specific events where an employee performed very well and when they performed poorly.

Which of the following is true of import substitution?

A) The government encourages domestic producers to make products which can compete in the international market.
B) The government takes steps to liberate imports and lift restrictions.
C) The government takes steps to promote exports and subsidizes export-oriented production.
D) The government insulates domestic producers by imposing strict tariffs and quotas.
E) The government focuses on service-oriented imports rather than primary imports.

In a case based on diversity of citizenship, a court will apply

A) federal common law.
B) the relevant state law.
C) any law that the parties to the case agree to apply to their dispute.
D) the law that produces the most equitable result.

A person with diminishing marginal utility of wealth is risk averse.

If the money supply increased by 10% and at the same time velocity decreased by 10%, then according to the quantity equation there would be no change in the price level.