1.Question 2 Economists worry that salaried employees who work more or less independently do not have a...

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1.Question 2 Economists worry that salaried employees who work more or less independently do not have a strong incentive to work hard at their jobs. Their level of effort is not easily observed by their employer, and higher job performance is not compensated. Is this an example of adverse selection or moral hazard?

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Principles Of Economics

ISBN: 9780135161104

13th Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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