sinxoo - MCQs For Tests - Page 331 of 412

Which of the following is not a method firms use to avoid the moral hazard problem in the employment relationship ?

A. They pay employees with delayed compensation such as a year-end bonus
B. They buy life insurance on their workers
C. They pay above equilibrium wages
D. They put hidden video cameras in the workplace

Economics and Business

Author: sinxoo

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Which was NOT a characteristic of the Renaissance ?

A. emphasis on individuality
B. confidence in human rationality
C. the emergence of merchant oligarchies
D. the development of social insurance programs

Economics and Business

Author: sinxoo

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In the twentieth century, the family’s protective function has increasingly been transferred to outside agencies such as______________?

A. hospitals
B. mental health clinics
C. insurance companies
D. all of the above

Economics and Business

Author: sinxoo

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Which conception of welfare refers to the provision of a “safety net” for disadvantaged populations ?

A. behaviorist
B. egalitarian populist
C. residua list
D. social insurance

Economics and Business

Author: sinxoo

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Which of the following is not a revenue expense?

A. Cost of raising a loan
B. Cost of accessories of motor vehicles spent at the time of purchase
C. Expenses incurred for laying of sewers on land purchased
D. Insurance premium paid at the time of registration of the ship