Many professional sports athletes have incentive clauses in their contracts. These indicate that
A) the team owner has asymmetric information.
B) the athlete might engage in moral hazard, which the team owner wishes to avoid.
C) the athlete might engage in adverse selection, which the team owner wishes to avoid.
D) the athlete has stronger negotiators.
B
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Which of the following would lead to an increase in the supply of Russian rubles?
a. An increase in the dollar price of the ruble b. An increase in Russian GDP c. An increase in the U.S. price level relative to the Russian price level d. A decrease in the dollar-ruble exchange rate e. Expectation that the price of the ruble will rise.
Which of the following represents an example of labor-market discrimination?
a. An employer is more likely to grant an interview to a person graduating from Yale than from the local community college. b. An employer is more likely to grant an interview to a person graduating from the local community college than from Yale. c. An employer is more likely to grant an interview to a woman with a traditionally "white" name such as Emily than to a woman with a traditionally "black" name such as Lakisha. d. An employer is as likely to grant an interview to person with a traditionally "masculine" name such as "Alex" as a person with a traditionally "feminine" name such as "Emily.".
In the first week in March 1933, ______ banks had shut their doors.
A. a few B. nearly half C. most D. all
Kendra’s country is known for its fruit products, but before the fresh fruit can be made into candies, jams, and juices, a lot is lost due to pests, weather, and damage during shipping. Recently, however, researchers discovered a better way to transport the fruit that cut down on waste by 11 percent. This is an example of ______
a. an increase in productivity b. a rise in the standard of living c. sustained economic growth d. diminishing marginal returns