What are correct incentives designed to eliminate?
What will be an ideal response?
Correct incentive design can improve the selection mechanism along with reducing the moral hazard problem.
Economics
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The specificfactors model predicts that after immigration, the equilibrium wage in both industries in the destination nation:
a. rises. b. falls. c. remains the same. d. cannot be determined with the information given
Economics
If for a given year nominal GDP is $2,000 billion and real GDP is $1,500 billion, then the GDP price index is
A) 133. B) 1.33. C) 100. D) 0.75. E) 750.
Economics