Experience rating systems for pricing insurance discourage firms from spending money to try to improve their employees' health.
Answer the following statement true (T) or false (F)
False
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Collusion refers to a situation where rival firms decide to
A. agree with each other to set prices and output. B. cheat on each other. C. compete aggressively against each other. D. combine their operations and merge with each other.
Which of the following is an example of an obligation associated with a right?
a. Providing adequate notice period to your tenants to vacate your house. b. Allowing your kids to play with other children in the neighborhood. c. Allowing neighbors to use your lawn to maintain healthy public relations. d. Providing proper education and adequate nutrition to your children.
Although wages, incomes, and interest rates are most often discussed in nominal terms, what matters most are their real values
a. True b. False Indicate whether the statement is true or false
In Figure 9.6, if full employment occurs at QC, then aggregate demand is
A. Too small, causing cyclical unemployment. B. Too small, causing demand-pull inflation. C. Too great, causing cyclical unemployment. D. Just right.