f two jobs (X and Y) are similar, and there is an increase in the nonmonetary benefits of job X, with no change in the nonmonetary benefits of job Y would expect: Multiple Choice wages to be higher for job X than for job Y. differences in money wages between jobs X and Y. workers to move to job Y until money wages are the same for both jobs. workers to move to job X until money wages are the same for both jobs.
f two jobs (X and Y) are similar, and there is an increase in the nonmonetary benefits of job X, with no change in the nonmonetary benefits of job Y would expect: Multiple Choice wages to be higher for job X than for job Y. differences in money wages between jobs X and Y. workers to move to job Y until money wages are the same for both jobs. workers to move to job X until money wages are the same for both jobs.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:If two jobs (X and Y) are similar, and there is an increase in the nonmonetary benefits of job X, with no change in the nonmonetary benefits of job Y, we
would expect:
Multiple Choice
wages to be higher for job X than for job Y.
differences in money wages between jobs X and Y.
workers to move to job Y until money wages
the
me for both jobs.
workers to move to job X until money wages are the same for both jobs.
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