The increasing availability of temporary job placement agencies and online job services has ________ the efficiency of matching workers and jobs, and has therefore ________ the natural rate of unemployment in the United States.
A. decreased; decreased
B. increased; decreased
C. increased; increased
D. decreased; increased
Answer: B
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One of the solutions to the adverse selection problem in insurance is
a. Is to require that only the high risk individuals to buy insurance b. Is to require that only the low risk individuals buy insurance c. Is to require everyone to buy insurance d. Is to completely ban insurance companies
Each of the following is a fixed cost except
A. hourly wages. B. rent. C. interest payments. D. insurance premiums.
A solid and defensible jury award that punishes negligent behavior can be good for the economy primarily because it
A. compensates the injured party for all damages. B. takes from the rich and gives to the poor. C. reassures the public that the legal system is 'fair'. D. discourages imprudent or reckless behavior.
Refer to the data provided in Table 11.2 below to answer the following question(s). Table 11.2 Refer to Table 11.2. If the interest rate is 11%, then the farmer will only
A. buy the tractor and the irrigation system. B. buy the bookkeeping software and the grain storage tanks. C. buy the bookkeeping software. D. buy the tractor.