Some people believe that employees should be paid the same wages when their jobs, although different, require similar levels of education, training, experience, and responsibility. This principle is known as:
A. the equal-pay-for-equal work doctrine.
B. income justice.
C. marginal productivity theory.
D. comparable worth.
Answer: D
You might also like to view...
The production possibilities curve shows all possible combinations of
A) two goods that are desired by society. B) two goods that can be efficiently produced with a given set of resources. C) two goods that can be purchased given the prices of the goods. D) two goods that two countries can trade with each other.
If a perfectly competitive firm faces a market price of $3 per unit, and it decides to produce 30,000 units, the market price will likely:
A. stay the same. B. increase. C. increase initially and then decrease. D. decrease.
Refer to the above table. Given the demand and cost? schedules, what is the profitminusmaximizing price for this? monopolist?
A. $11 B. $10 C. $12 D. $9
A government budget surplus from reduced government spending (no change in net taxes) will ________ the level of investment in the economy and ________ the level of total saving (private plus public) in the economy
A) increase; decrease B) increase; increase C) decrease; increase D) decrease; decrease