A Typical Reason Moral Hazard Exists in the Workplace Is

question 117

Multiple Choice

A typical reason moral hazard exists in the workplace is:

• A)employees do not directly benefit from their effort,only their time spent at work.
• B)employees get paid the same,whether they try really hard or not.
• C)employees have no incentive to let the employer know how hard they can really work,because that might be expected of them all the time.
• D)All of these statements are true.

Differentiate among the various principles guiding taxation policies, such as the benefits principle and the ability-to-pay principle.

Analyze the efficiency and equity trade-offs inherent in tax policies and the economic rationale behind them.

Recognize the role of tax policy in achieving economic policy objectives.

Understand the implications of specific taxes, such as excise taxes, on market efficiency and public welfare.

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