Question

True or False: In the long run, this increase in health care benefits will make faculty positions less attractive than other jobs. (Hint: Consider how the indifference principle applies to this occupation in the long run.)

Answer 1

Answer:

true

Explanation:

In simple words, the increase in health care benefits that most of the multinational companies provide to their employees will ultimately leads too less affection towards faculty jobs.

This is due to the fact that the cost health care has been increasing day by day and its hard to maintain a decent life style with a necessary service getting that expensive.

Thus, corporate jobs are more attractive than faculty ones as they provide more assurance to the individuals that they will not be financially destroyed due to medical services.