Which Practice Would Indicate That an Employer Is Trying to Overcome

question 63

Multiple Choice

Which practice would indicate that an employer is trying to overcome a moral hazard problem with respect to her employees

• A)The employer pays wages to her workers that are unusually high for the industry and region.
• B)The employer has voluntarily removed video cameras from the factory floor.
• C)The employer has discontinued the practice of giving year-end bonuses to her employees.
• D)The employer has hired a mediator to resolve union grievances.

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Definitions:

Accrediting Agency

An organization that evaluates and ensures the quality and standards of educational institutions or programs through a formal review process.

Fundamental Concept

A basic, essential principle or idea that serves as the foundation within a field of study or practice.

Regulatory Power

The authority held by governmental agencies or bodies to set and enforce rules, standards, or laws within specific sectors or fields.

Medication Reconciliation

A process in hospitals and other health care settings used to ensure that patients' medication lists are accurate and consistent across all points of care.