When a firm pays higher wages, it is likely that doing so will
A. decrease the quality of the potential worker pool.
B. increase turnover.
C. lower the firm's ability to attract high-skill workers.
D. encourage workers to stay on the job for a long time.
E. decrease worker utility.
Answer: D
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Forward contracts are of limited usefulness to financial institutions because
A) of default risk. B) it is impossible to hedge risk. C) they are relatively inflexible. D) of interest-rate risk.
Which of the following is true?
a. The U.S. has a mandated vacation policy, everyone gets 2 weeks b. There is a trend towards downshifting, opting for a simpler life or at least considering it c. Europeans generally have shorter vacations that North Americans d. The workforce in the U.S. is getting younger
Effluent taxes are the most common approach used to control pollutants in the United States
a. True b. False Indicate whether the statement is true or false
If the required reserve ratio is 20%, what is the simple deposit multiplier?
a. 20 b. 0.05 c. 5 d. 50