Jobs in which there is a higher risk of injury or death will:
A. hire risk-averse workers.
B. pay the same as otherwise similar jobs.
C. pay less than otherwise similar jobs.
D. pay more than otherwise similar jobs.
Answer: D
You might also like to view...
Smith's Shoes is a failed business enterprise, with debts of $10 million. Steve Smith has an ownership stake in Smith's shoes
Which of the following statements INCORRECTLY characterizes Steve Smith's legal liability for the debts of Smith's Shoes, depending on the firm's type of business organization? A) If Smith's Shoes is a proprietorship, then Steve Smith is fully liable for the entire $10 million in debt of the failed shoe store. B) If Steve Smith is a partner in Smith's Shoes, then his legal liability for the debts of Smith Shoes is $10 million divided by the number of partners. C) If Smith's Shoes is a corporation in which Steve Smith is a stockholder, then Steve Smith does not need to use any of his wealth to pay the debt because the company has limited liability. D) None of the above statements is incorrect.
The organized groups of people who favor government intervention do so at the expense of other groups because even government resources are limited
Indicate whether the statement is true or false
Farm programs such as those of the United States and the European Union cause a misallocation of international agricultural resources primarily because:
A. they distort domestic and world agricultural prices. B. they inhibit technological progress in agriculture. C. production and trade occur on the basis of comparative advantage. D. price supports are set below market-clearing levels.
Referring to Figure 18.3, the effect of a decrease in U.S. prices is represented by a movement from point:
A. d to a. B. b to c. C. a to d. D. a to b.