An example of a way employers can minimize moral hazard is to:
A. monitor employees' computer activity.
B. offer bonuses for consistent productivity.
C. videotape the workplace.
D. All of these are ways to minimize moral hazard.
D. All of these are ways to minimize moral hazard.
Economics
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As gardeners tried to make their yards places for quiet retreat, sales of backyard fountains increased. What factor affecting demand does this illustrate?
a. income b. market size c. consumer expectation d. consumer taste
Economics
One effect of adverse selection in a market is that the equilibrium quantity of the product may
be smaller than it would have been if there were no asymmetric information problems. Indicate whether the statement is true or false
Economics