The town of Marble Falls has 10 workers, of which 8 were employed and 2 were actively seeking work. After many months of seeking work, one of the unemployed workers became discouraged and stopped looking for work six weeks ago

In the market for automobile insurance, adverse selection implies that

A) those who are insured might take greater risks. B) those who are uninsured might take greater risks. C) insured and uninsured alike will take greater risks. D) drivers with greater risks are more likely to buy insurance.

A business enterprise in which employees must belong to the union before they can be hired is

A) a closed shop. B) a union shop. C) a jurisdictional dispute. D) an industrial union.