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    Exam 20: Decisions With Private Information
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    Workers Often Slack Off on a Job When Pay Is
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Workers Often Slack Off on a Job When Pay Is

Question 112

Question 112

Multiple Choice

Workers often slack off on a job when pay is not tied to output due to the _____ problem.


A) risk-aversion
B) lemon
C) buyer private information
D) principal-agent

Correct Answer:

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