The principle of "comparable worth" asserts that people with comparable, if not identical, skills and responsibilities should receive the same pay. If this principle were to become law, it would tend to

a. reduce the problem of the "cost disease of services."
b. exacerbate the problem of the "cost disease" of the service sector.
c. be irrelevant to the "cost disease" problem.
d. eliminate the problem of externalities.


b

Economics

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Refer to the figure below. If Mallory and Rick are the only two consumers in this market, then the market demand for soda will be 90 cans per week when the price of a can of soda is: 

A. $1.50 B. $0.50 C. $1.25 D. $0.75

Economics

If the private sector is not willing to purchase government bonds being issued to finance a deficit, and the government's only option is to print more money, then this will likely cause

A) a lower dollar value. B) inflation. C) a run on borrowing. D) a weak stock market.

Economics

If the firms in a perfectly competitive market are continually operating where their total costs exceed their total revenue in the short run, then in the long run

a. the number of firms in the market will remain unchanged b. the number of firms in the market will increase c. the number of firms in the market will decrease d. existing firms will increase their plant sizes e. existing firms will increase their output

Economics

In an open economy, the quantity demanded of bikes in the domestic market is ________.

A. 80,000 B. 20,000 C. 100,000 D. 50,000

Economics