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Author Question: Suppose that cruise ship employees are laid off during a period of significant decrease in demand ... (Read 65 times)

jrubin

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on: Apr 19, 2019

Question 1

Employment contracts that stipulate workers' wages, usually for a period of 1 to 3 years, are known as


◦ social contracts.
◦ implicit contracts.
◦ explicit contracts.
◦ None of these.

Question 2

Suppose that cruise ship employees are laid off during a period of significant decrease in demand for cruise vacations because they have a 3-year contract which has locked their wages into place. This example is consistent with the


◦ explicit contract explanation of unemployment.
◦ social contract explanation of unemployment.
◦ efficiency wage explanation of unemployment.
◦ relative-wage explanation of unemployment.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by jrubin on Apr 19, 2019

Jsherida

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jrubin

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

FergA

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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