Explain why full employment may be inconsistent with no shirking. Shirking may be likely with full employment
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Question:
Explain why full employment may be inconsistent with no shirking. Shirking may be likely with full employment because
A). it may be possible for employers to pay high wages.
B). it may be costless for employers to fire employees.
C). it may be easy for employers to monitor workers.
D). it may not be possible for employees to have asymmetric information.
E). it may be inexpensive for employees to shirk.
Related Book For
Managerial Economics and Strategy
ISBN: 978-0321566447
1st edition
Authors: Jeffrey M. Perloff, James A. Brander
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