Which of the following helps to reduce frictional unemployment?

Which of the following is a way banks reduce risk?

a) Screening firms. b) Evaluating firms. c) Monitoring firms. d) Pooling money into portfolios.

Since people respond to incentives, we would expect that, if the average salary of accountants increases by 50% while the average salary of teachers increases by 20%, then

a.fewer students will take degree courses in accounting and more will take education courses. b.fewer students will take degree courses in education and more will take accounting courses. c.fewer students will attend university. d.none of these answers.