Compensating wage differentials arise because:
a. workers possess different skills.
b. workers prefer the characteristics of some to those of others.
c. firms pay higher wages for workers with higher marginal productivities.
d. firms discriminate in hiring.
Question 2
An example of moral hazard is
a. A taxi driver paid per mile taking the shortest route
b. a piece-rate garment worker shirking more than a per jour worker
c. an hourly salesman working harder than a commission salesman
d. an author on contract going to fewer book signings as one with a percentage royalty rate
Critical thinking skills
Procedural memory includes skills that are handed down in a culture from generation to generation.
Older people who exercise cognitive skills, like these chess players, retain those skills well into ...
Participating in religious services is related to better coping skills, less severe stress ...
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
The two skills of the element Evaluation