Information gathering for a moral hazard problem happens

a. Before the agent is hired
b. After the agent is hired
c. After the agent is fired
d. None of the above

b

Economics

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Rising income inequality is driven by: a. an increase in employment in the manufacturing sector of an economy. b. a progressive tax structure

c. a rising demand for unskilled, cheap labor. d. a technological advancement. e. a fall in capital's share of national income.

Economics

Which of the following is true?

a. Due to anti-employment discrimination legislation that was passed in the early 1960s, there was a large increase in the earnings of women relative to men in the 1960s and 1970s. b. The female/male earnings ratio for full-time workers has been virtually constant since 1980. c. The number of women preparing for careers as professionals has increased substantially since the 1980s. d. In recent years only about 40 percent of those completing college degrees were women.

Economics