Contingent contracts
A) are inefficient when monitoring is possible.
B) equally divide the risk between principal and agent.
C) can be used when monitoring is not reasonably possible.
D) put the risk on the principal.
C
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A tax is imposed on employers and workers that are used to fund Social Security and Medicare. This tax is sometimes referred to as
A) the federal income tax. B) the Income Security Tax. C) the payroll tax. D) the ACIF.
What are the three main indicators that make up the Human Development Index?
What will be an ideal response?
A labor union composed of workers in the same occupation is called
A) a craft union. B) an industrial union. C) a company union. D) a closed shop.
The portion of after-tax income a consumer does not spend on consumption is called
a. investment. b. saving. c. supply. d. temporary income.