A textile manufacturing unit faces low productivity due to shirking by workers. Which of the following is a possible solution to increase productivity and retain employees?
A) The provision of a lower real wage
B) The provision of a lower nominal wage
C) The provision of minimum wages
D) The provision of efficiency wages
D
You might also like to view...
Savings deposits and time deposits are not included in M1 because these are not held by the nonbanking public
a. True b. False Indicate whether the statement is true or false
The Council of Economic Advisers gives economic advice to the:
A. Federal Reserve System. B. president. C. U.S. Senate. D. U.S. House of Representatives.
The period of growth from a trough that brings Real GDP back to its previous peak is called a
A. recovery. B. expansion. C. recession.
Compensating differentials for employees can be seen as one measure of adjusting for:
A. corporate tax evasion. B. surplus labor in the unorganized sector. C. high rates of inflation. D. problems of ethical conflict.