The wage premium in the United States has risen consistently starting in
A. 1973
B. 1975
C. 1978
D. 1983
Answer: C
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Incremental benefits refer to the
a. accumulated gains linked to environmental policy b. total social benefits of avoiding ecological damage c. reduction in environmental damages associated with an environmental policy initiative d. none of the above
The following is NOT an example of a potential monitoring solution to moral hazard
a. blocking social network sites on company computers b. closed circuit TVs throughout a warehouse c. GPS tracking devices in repair trucks d. requiring physicians to be 'board certified'
Which of the following types of unemployment can the classical model not explain?
a. Structural unemployment b. Cyclical unemployment c. Seasonal unemployment d. Frictional unemployment e. Temporary unemployment
The constitutional right to enact usury laws in the United States
a. results in excessive interest paid by borrowers b. represents a price floor for borrowed money c. reinforces our belief in the market system d. still belongs to state governments e. does not exist