Suppose New Electronic Devices Make It Easier to Monitor the Effort

question 83

Multiple Choice

Suppose new electronic devices make it easier to monitor the effort levels of workers. What happens to the NSC curve in the efficiency wage model?

• A) Shifts upward
• B) Shifts downward
• C) Remains the same
• D) The NSC curve remains the same, and the labor supply curve shifts leftward because shirking workers will leave the labor force.

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Definitions:

Bipolar Disorder

A mental health condition that causes extreme mood swings that include emotional highs (mania or hypomania) and lows (depression).

Attention Deficit Hyperactivity Disorder

Attention Deficit Hyperactivity Disorder, or ADHD, is a neurodevelopmental disorder characterized by persistent issues with attention, impulsiveness, and, in some cases, hyperactivity.

Symptoms

Observable signs or indicators that something may be wrong with the body or mind, often signaling presence of a disease or disorder.

Manic Episode

A period of unusually elevated or irritable mood, energy levels, and activity, often associated with bipolar disorder.