The Benefit to Employers of Deferred Payments Is That

question 94

Multiple Choice

The benefit to employers of deferred payments is that

• A) adverse selection is eliminated.
• B) employers cannot engage in any opportunistic behavior.
• C) these payments raise the cost of being fired, so more monitoring is needed.
• D) these payments raise the cost of being fired, so less monitoring is needed.

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Definitions:

Absolute Value

The distance of a number from zero on the number line, without considering which direction from zero the number lies.

Sketch Graph

A rough drawing of a graph to represent a mathematical function or equation visually.

Formula

An expression or equation that describes a mathematical relationship between quantities.

Slope Value

It's the calculation of how slanted a line is, determined by dividing the vertical movement by the horizontal movement between any two points on the line.