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Author Question: Outsourcing is a logical extension of David Ricardo's 1817 _____________. a. Theory of Pro-Active ... (Read 58 times)

darbym82

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Outsourcing is a logical extension of David Ricardo's 1817 _____________.
 
  a. Theory of Pro-Active Stress
  b. Peter Principle
  c. Theory of Comparative Advantage
  d. Theory of Dometic Economics

Question 2

The Pension Benefit Guaranty Corporation, which protects employee pensions for participating firms, is not a well-designed insurance program.
 
  Indicate whether the statement is true or false



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milbourne11

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Answer to Question 1

C, P. 329

Answer to Question 2

T Participation by firms in the PBGC insurance program is voluntary and adverse selection operates in that the least strong firms participate while the strong firms can be better off by insuring themselves.




darbym82

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Reply 2 on: Jul 1, 2018
Excellent


dantucker

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

 

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