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Author Question: The government of Genovia introduced an unemployment insurance that ensures full payment of former ... (Read 24 times)

SAVANNAHHOOPER23

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on: Jun 29, 2018
The government of Genovia introduced an unemployment insurance that ensures full payment of former wages to unemployed workers.
 
  A study conducted a few months after the introduction of this policy showed that several unemployed workers in Genovia were not actively searching for work. Such behavior is an example of ________. A) adverse selection
  B) moral hazard
  C) the prisoners' dilemma
  D) the free-rider problem

Question 2

Refer to the scenario above. In this game, the dominant strategy equilibrium occurs if ________.
 
  A) Firm A chooses Strategy Y, and Firm B chooses Strategy X
  B) Firm B chooses Strategy Y, and Firm B chooses Strategy X
  C) Both Firm A and Firm B choose Strategy X
  D) Both Firm A and Firm B choose Strategy Y


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Carissamariew

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


SAVANNAHHOOPER23

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Reply 2 on: Jun 29, 2018
:D TYSM

amit

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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