Economists worry that salaried employees who work more or less independently do not have a strong incentive
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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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Related Book For 
Principles Of Economics
ISBN: 9781292294698
13th Global Edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
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