The incentive structure is a

A) system of rewards and punishments that individuals consider when making decisions.
B) system determined by the federal government that gives certain states more federal funds.
C) system of infrastructure in the United States that improves commerce.
D) system of checks and balances in the government.

A

Economics

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Even though the number of workers in manufacturing has increased in the post-war world (since 1947), the proportion of manufacturing workers in the total labor force has declined

Indicate whether the statement is true or false

Economics

In a labor market with one employer, the MLC is

a. above the supply curve of labor b. above the demand curve for labor c. what determines the wage rate d. downward sloping e. horizontal

Economics