If an Employer Cannot Distinguish the Ability of Workers a Separating

question 87

True/False

If an employer cannot distinguish the ability of workers a separating equilibrium will result.

---

Definitions:

Surety

A person or entity that takes responsibility for another's performance of an obligation, such as repaying a loan, or for the accuracy of a statement.

Interest

The charge for borrowing money, typically a percentage of the amount lent.

Guarantor

A party that agrees to be responsible for the debt or obligation of another if the original obligor fails to meet their obligations.

Statute of Frauds

A legal principle that requires certain types of contracts to be executed in writing and signed by the party to be charged.