Multiple Choice
Which of the following is true of the several options available to reduce expected labor surplus?
A) Early retirement causes relatively less human suffering.
B) The human suffering after pay reduction is relatively low.
C) Retraining causes comparatively more human suffering than other options.
D) A hiring freeze causes immense human suffering.
E) Transfers cause the least amount of human suffering.
Correct Answer:
Verified
Correct Answer:
Verified
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