
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 34
Consider the following examples. For each one, say whether the incentive is positive or negative.
a. Bosses who offer time-and-a-half for working on national holidays.
b. Mandatory minimum sentencing for drug offenses.
c. Fines for littering.
d. Parents who offer their children extra allowance money for good grades.
a. Bosses who offer time-and-a-half for working on national holidays.
b. Mandatory minimum sentencing for drug offenses.
c. Fines for littering.
d. Parents who offer their children extra allowance money for good grades.
Explanation
Incentive:
Incentive refers to the addi...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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