An activity known as shirking is least likely to occur when
a. workers are not monitored.
b. all workers are paid the same wage rate.
c. the earnings of workers are closely tied to the worker's output.
d. the firm is organized as a corporation.
C
Economics
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For this question, assume that the Fed is expected to respond to any event by keeping the interest rate constant (i.e., equal to its initial level). An unexpected tax increase will cause
A) stock prices to fall. B) stock prices to rise. C) no change in stock prices. D) an ambiguous effect on stock prices.
Economics
When E increases by 5%, we know that
A) a real appreciation will occur if P decreases by 5%. B) a real depreciation will occur if P also increases by 5%. C) a nominal appreciation will occur. D) a nominal depreciation will occur.
Economics