Examlex
Microeconomics is the study of broad, economy-wide issues such as the unemployment rate, gross domestic product, and inflation.
Shirking
The act of avoiding or neglecting responsibilities, especially in the workplace, leading to reduced productivity or performance.
Incentive Contracts
Contracts that provide rewards for performance above a certain standard, encouraging higher levels of effort or achievement.
Monitoring
The process of supervising activities or individuals to ensure compliance, performance, or progress towards objectives.
Homeowner Bailouts
Financial assistance programs designed to help homeowners facing foreclosure, often as a result of economic crises, by providing refinancing, loan modifications, or other aids to prevent loss of their homes.
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