Risk-sharing forms of compensation are beneficial if employee are
A) risk preferring.
B) risk neutral.
C) risk averse.
D) prefer more to less.
C
Economics
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The winner in a first-price sealed-bid auction pays an amount equal to ________
A) his bid B) the second-highest bid C) half of his bid D) the lowest bid
Economics
Which of the following is not a government transfer program?
a. unemployment compensation b. Social Security c. food stamps d. Medicare e. movement of soldiers to a different military base
Economics
Assuming constant returns to scale, the equation, Y = A(t)F(K,N) can be rewritten as
a. Y/N = A(t)ƒ(K/N). b. q = A(t)ƒ(k). c. Y/N = A(t)ƒ(K ? N). d. Both a and b e. Both b and c
Economics
Social insurance programs are conditioned on events, rather than means
Indicate whether the statement is true or false
Economics