Adam got a job in a multinational company. He was told during the orientation session that he will not be terminated for poor performance during the first six months of his work
Adam immediately decided to put minimum effort into the job during these months. His behavior is an example of ________. A) a positive externality
B) moral hazard
C) the prisoners dilemma
D) the free-rider problem
B
Economics
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A crisis caused by sudden capital flight
A) is easy to resolve with capital controls. B) might be lessened if investor confidence can be increased. C) has a clear and unique equilibrium outcome. D) can be corrected through currency devaluation.
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Output per capita is the most commonly used measure of the prosperity of a nation
a. True b. False
Economics