The following is an example of risk aversion

a. those applying for a well-paid job tend to be the most qualified
b. more reckless drivers opt for cars with more safety devices
c. the contractor with the lowest bid for a is the most qualified
d. Initial Public Offerings (IPOs) seek investors when prospects look good

b

Economics

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"Job rationing occurs when the quantity of labor demanded exceeds the quantity supplied." Is the previous statement true or false? Explain your answer

What will be an ideal response?

Economics

Which of the following schools of thought are policy interventionists favoring activist aggregate demand management to stabilize output and employment?

a. Keynesians b. Monetarism c. The new classical economics d. The classical economics e. None of the above

Economics