An example of a way employers can minimize moral hazard is to:
A. monitor employees' computer activity.
B. videotape the workplace.
C. offer bonuses for consistent productivity.
D. All of these are ways to minimize moral hazard.
Answer: D
You might also like to view...
The table above gives Jane's total utility from magazines and CDs. The price of a magazine is $4 and the price of a CD is $10. Which of the following CORRECTLY illustrates the principle of diminishing marginal utility? The fact that
A) the sixth magazine has less marginal utility than the sixth CD. B) Jane's marginal utility per dollar from the second magazine is the same as her marginal utility per dollar from the third CD. C) the marginal utility per dollar from the sixth magazine is less than the total utility from six magazines. D) the marginal utility of the third CD is less than the marginal utility of second CD.
Game theory is a tool for studying competitive behavior between firms in monopolistic competition because of the mutual interdependence among the firms
Indicate whether the statement is true or false
Nominal GDP has risen faster than real GDP in the last decade because: a. the price level has increased
b. the price level has decreased. c. the growth rate of productivity has accelerated. d. the volume of foreign trade has expanded sharply.
An economic model is a(n)
a. philosophical inquiry b. set of numbers that describe a firm (e.g., profits and assets) c. abstract representation of reality d. concrete representation of reality e. ideal to which economic entities are compared