Jay Bhattacharya and M. Kate Bundorf of Stanford University have found evidence that people who are obese and work for firms that have employer-provided health insurance receive lower wages than people working at those firms who are not obese. At firms that do not provide health insurance, obese workers do not receive lower wages than workers who are not obese. Firms that provide workers with health insurance may pay a lower wage to obese workers than to workers who are not obese because the latter tend to be healthier and consequently
A) more productive at work
B) less costly to insure and therefore employ due to their lower claim submission rate
C) experience lower rates of absenteeism and early retirement
D) all of the above
E) A & B only
Answer: D) all of the above
Economics
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Assume expectations of both prices and productivity are accurate,use the PS/WS relations, graphically illustrate and explain the effects of an increase in the productivity on the natural rate of unemployment
What will be an ideal response?
Economics
The implication of the prisoners' dilemma for a long-run strategy is for firms to
a. Do nothing b. Differentiate your product that competitors cannot imitate c. Figure a way to lower their costs d. Both b and c
Economics