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
Nurses may collaborate with social workers, physicians, and other members of the health care team to
A toddler's developing motor skills allow the child to exert more independence and control over
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
Toddlers enjoy demonstrating their skills.
Young children’s play engages motor skills as well as cognitive skills (such as communicating, ...
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011