Suppose that the real exchange rate between the united states and south korea is defined in terms of baskets of goods. other things the same, which of the following will increase the real exchange rate (that is increase the number of baskets of south korean goods a basket of u. s goods buys)? a. a decrease in the quantity of south korean currency that can be purchased with a dollar b. a decrease in the price of u. s. baskets of goods c. a decrease in the price in south korean currency of south korean goods. d. none of the above is correct.

Amanufacturing firm is considering overhauling the existing compensation strategy. currently every front line employee who works on the assembly line earns the same hourly wage. ideally, management would like to institute a new pay system that involves pay-for-performance. which of the following recommendations is both consistent with scientific management's general emphases and generally good advice for management of this firma. the firm should adopt a differential pay system with one pay level for average performance, and a higher level for good performance. b. the firm should adopt a differential pay system, but the firm should modify it from its original design and provide many different levels of pay associated with different performance levels. c. the firm should understand worker psychology and to focus on pay as the key motivator. d. all of the abovee. none of the above