A deferred payment scheme is more likely to be accepted by a ...

[darbym82]

A deferred payment scheme is more likely to be accepted by a worker if
 
  A) the firm has a reputation of not firing senior employees to save pension costs.
  B) the worker is very young.
  C) the worker is very old.
  D) None of the above.

Question 2

Wage reduction policies are less common than layoffs because
 
  A) workers never prefer wage reduction policies.
  B) workers always trust the firm to tell the truth.
  C) of asymmetric information.
  D) of adverse selection problems.

[aprice35067]

Answer to Question 1

A

Answer to Question 2

C