In an internal labor market, employees often spend too much time lobbying for promotions or preferred job assignments. These are referred to as
A. human capital costs.
B. influence costs.
C. administrative costs.
D. market costs.
Answer: B
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Refer to the table above. The government sector balance is a
A) $900 billion surplus. B) $500 billion deficit. C) $2,900 billion trade deficit. D) $2,900 billion balanced budget. E) $900 billion deficit.
________ is the single biggest factor affecting income distribution in the United States
A) Location of household B) Type of household C) Education D) Age of household
Credible promises and hostage mechanisms can support a continuous stream of cooperative exchanges except when
a. the promisor is better off fulfilling than ignoring his promise b. neither party has a prior dominant strategy c. the hostage can be revoked for just causes d. the hostage is more valuable than any given exchange e. the hostage is difficult to replace
The landmark antitrust case which established that size alone can be an antitrust violation is the
a. U.S. Steel case b. Brown Shoe case c. Von's Grocery case d. ALCOA case e. Pabst Brewing case