The 2010 health-care reform law commonly known as Obamacare required large companies to provide costly health insurance to their full-time workers. In response, some large companies started preferring to employ part-time workers rather than full-time employees. This is an example of:
A. Unintended consequences
B. The principal-agent problem
C. Special-interest effect
D. Limited and bundled choice
A. Unintended consequences
Economics
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A one-year Treasury bill with a face value of $1,000 and an annual yield of 5 percent sells for approximately
A) $1,005. B) $995. C) $952. D) $948.
Economics
Which of the following statements is true of the law of demand?
a. All else equal, the quantity demanded of a good is inversely related to its price. b. All else equal, the demand for a good is inversely related to its price c. All else equal, the quantity demanded of a good is directly related to its price. d. All else equal, the demand for a good is directly related to its price.
Economics