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galben [10]
4 years ago
9

The "Loyal Agent Argument" states: An employer would want to be served in whatever ways will advance his or her self-interests.

Therefore, as a loyal agent of his or her employer, the manager has a duty to serve his or her employer in whatever ways will advance the employer's self-interests.1. True2. False
Business
1 answer:
Diano4ka-milaya [45]4 years ago
7 0

Answer:

True

Explanation:

The reason is that the self interest changes with the changes in situation. The employees are required to meet the expectations of their employers that are legitimate. The employee is responsible for the tasks that he is assigned and owes a duty of care towards the employer business. So saying that the employee has duty to serve the employer exactly the same that he is responsible for the tasks he is assigned. So the statement is true.

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Monetary policies regulate the amount of money supply in the economy. When the government wants to increase the amount of money in the economy, it buys government securities from banks. The Fed deposits large sums of money to banks in exchange for the securities. The Banks lends the money to firms and households, therefore increasing money in the economy. The selling of securities by the Fed decreases the amount of money in the country.

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