If you believe that a worker should be paid on the basis of what he or she produced, you believe in
A) the egalitarian principle.
B) the productivity standard.
C) the benefits standard.
D) the comparative worth principle.
Answer: B
You might also like to view...
If the marginal propensity to consume is 0.7 and if output increases by $200, then consumption spending
A) increases by $70. B) decreases by $70. C) increases by $140. D) decreases by $140.
Unanticipated inflation benefits
A) people or businesses who owe funds. B) people or businesses who lend funds. C) people who live on a fixed income. D) people with CDs (certificates of deposits) in the bank.
Give a complete and concise definition of each of the following terms
a. deliberately erected entry barriers b. inefficiency of monopoly c. price discrimination d. profit-maximizing equilibrium for a monopolist
Office workers and word processing programs are complements if:
A. a decrease in the wage paid to office workers leads to an increase in the demand for word processing programs. B. a decrease in the wage paid to office workers leads to a leftward shift in the demand for word processing programs. C. they perform similar functions. D. an increase in the price of word processing programs leads to an increase in the demand for office workers.