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At a university faculty meeting, a proposal was made to increase health care benefits for new faculty to keep pace with the high cost of
At a university faculty meeting, a proposal was made to increase health care benefits for new faculty to keep pace with the high cost of health care.
True or False: In the long run, this increase in health care benefits will make faculty positions more attractive than other jobs. (Hint: Consider how the indifference principle applies to this occupation in the long run.)
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