The national income accounts measure productivity, spending, and income; but these accounts were not designed to measure economic welfare. Discuss aspects of economic welfare ignored in GDP. Hint: Do a Google search on the Genuine Progress Indicator and compare this with GDP in terms of measuring economic welfare.

Identify and discuss how agency relationships are formed. What are the duties an agent owes to the principal and what are the duties a principal owes the agent? How are agency relationships terminated?

Write at least 300 words describing a time when you had to test a theory. This theory may be something you have tested at work, school, or even at home. Answer the following questions in your summary: o What type of informal research method did you use? o How was your research method similar to research methods used by psychologists? o If given another opportunity, what would you have done differently?

Write a 1,050 to 1,200 word paper addressing a situation in which you are called on to present quarterly sales information at an in person meeting to a group of stakeholders, including managers, salespeople, and customers. Knowing communication must always be designed with the audience in mind, answer: o What characteristics of the audience must you consider? o What communication channels are appropriate? Explain. o What are some considerations to keep in mind given the diversity of the audience? o How do you ensure your message is effective? Format your paper consistent with APA guidelines.