Which of the following can be used to help explain wage differences among different groups of workers?
a. human capital
b. discrimination
c. unions
d. All of the above could explain wage differences among groups.
d
You might also like to view...
Game theory is best applied to the analysis of:
A. oligopoly. B. monopoly. C. perfect competition. D. All of the statements associated with this question are correct.
Bilateral monopoly exists when
A) a single buyer confronts a single seller. B) there are two monopolistic buyers trying to buy resources. C) two labor unions are trying to represent the same group of workers. D) a firm is both a monopoly in its output market and a monopsonist in its input market.
Related to the Economics in Practice on page 36: In the survey conducted by Esther Duflo and Abhijit Banerjee, the extremely poor were found to consume ________ of their budgets on food compared to people in the United States.
A. about the same percentage B. a slightly lower percentage C. approximately 50 percent less D. a significantly higher percentage
In Rajasthan, India teachers in half of the community's schools were asked to have their pictures taken with their children, and this evidence of attendance fed into the compensation of the teacher. The result of this experiment was that teacher absentee rates ________ relative to classrooms in which no cameras were introduced.
A. fell to zero B. actually increased C. did not change D. were cut in half