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If a firm refuses to hire any minorities due to a personal prejudice, its profits
Moral Hazard
The risk that a party insulated from risk may behave differently than if they were fully exposed to the risk.
Unemployment Insurance
The social insurance program that in the United States is financed by state payroll taxes on employers and makes income available to workers who become unemployed and are unable to find jobs.
Opportunity Costs
Choosing one option results in the forfeiture of potential gains from other available choices.
Sitting in Traffic
The state of being in a vehicular traffic jam, often resulting in delayed travel times and increased frustration.
Q13: Analysis of the economic status of poor
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Q193: Refer to Table 12-6. If the market