The inverse dependency ratio is defined as the ratio of:
A. The average number of dependents per head of household
B. The working-age population to the number of dependents
C. The number of dependents to the number of the total population
D. The number of parents and grandparents to the number of children
B. The working-age population to the number of dependents
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Who sets the rules for entitlements when spending is authorized under this category?
A) the agency involved B) the Congress when it appropriates the spending C) each individual state D) the President
An example of the principal-agent problem is when
A) managers try to cope with employees that are inefficient. B) proprietors don't receive any money payment for their entrepreneurial skills. C) managers devise penalties that eliminate employee waste. D) managers devise incentives that encourage employees to act in the owner's behalf.