There is __________ problem with deposit insurance as the insurer shares disproportionately in the __________ risk of banking

If skilled and unskilled labor are substitutes, then an increased minimum wage would tend to

A) reduce the demand for both unskilled and skilled workers. B) reduce the quantity demanded of unskilled workers and increase the demand for skilled workers. C) reduce the demand for unskilled workers and increase the quantity demanded of unskilled workers. D) reduce the quantity demanded for both unskilled and skilled workers.

To keep employees from shirking, you can invest in greater monitoring

a. because monitoring is inexpensive b. especially when monitoring is not very efficient c. when employees respond well to incentive contracts d. when incentives solve both moral hazard and adverse selection problems with employees