Question
The phenomenon that may compel some people to prolong or postpone their job search because they can collect unemployment benefits for a longer time is
The phenomenon that may compel some people to prolong or postpone their job search because they can collect unemployment benefits for a longer time is an example of __________.
- a.)
- externalities
- b.)
- moral hazard
- c.)
- market failure
- d.)
- principal-agent problems
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Managerial Economics and Business Strategy
Authors: Michael Baye, Jeff Prince
9th edition
9781259896422, 1259290611, 1259896420, 978-1259290619
