Author Question: All Pittsburgh police officers must go through the same training program, but police officers ... (Read 673 times)

saraeharris · **on:** Apr 19, 2019

Question 1

Individuals with more experience tend to earn more than individuals with less experience. This is because

◦ experience is a compensating differential.
◦ experience on the job increases an individual's human capital.
◦ it is only fair that a more-experienced worker be paid more than a less-experienced worker.
◦ the government requires that more-experienced workers be paid more than less-experienced workers.

Question 2

All Pittsburgh police officers must go through the same training program, but police officers assigned to the narcotics squad earn 10% more than police officers assigned to guard the city courthouse. This 10% difference in pay is an example of a

◦ human capital differential.
◦ compensating differential.
◦ transfer payment.
◦ utility differential.

parshano · **Reply #1 on:** Apr 19, 2019

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