An employee gains $500 from shirking. Thus, to deter shirking, the employer makes employees post a bond equal to $1,000, and installs monitoring devices to detect shirking. What is the probability that these devices can detect shirking?
A) 30%
B) 100%
C) 50%
D) 95%
C
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Which of the following statements is correct?
A. An increase in exports and an increase in imports will both tend to decrease the equilibrium real GDP. B. An increase in exports and an increase in imports will both tend to increase the equilibrium real GDP. C. An increase in exports will tend to decrease, and an increase in imports will tend to increase, the equilibrium real GDP. D. An increase in exports will tend to increase, and an increase in imports will tend to decrease, the equilibrium real GDP.
The Celler-Kefauver Act of 1950 amended the:
a. Sherman Act b. Clayton Act. c. Federal Trade Commission Act. d. Wagner Act.
Payments to stockholders are called ______, and payments to bondholders are called _______
a. interest, dividends b. profits, dividends c. dividends, profits d. dividends, interest e. dividends, mortgages
A change in weather patterns that makes farming more difficult would ____
a) decrease long-run aggregate supply. b) increase long-run aggregate supply. c) increase aggregate demand. d) have no impact on long-run aggregate supply.