The Budget Enforcement Act of 1990:
a. was a package of spending cuts and tax increases designed to reduce budget deficit
b. succeeded in balancing the budget cyclically.
c. succeeded in balancing the budget within two years.
d. identified defense and international programs as the only two areas of potential spending cuts.
e. gave the President the authority to make unilateral spending cuts to balance the budget.
a
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To keep employees from shirking, you can invest in greater monitoring
a. even though monitoring is expensive b. especially when monitoring is not very efficient c. when employees fail to respond to incentive contracts d. when incentives solve both moral hazard and adverse selection problems with employees
A full-time student who is not working is categorized as
A) unemployed. B) employed. C) not in the labor force. D) a discouraged worker. E) frictionally unemployed.