Sam was offered a new job that pays 20% more than his current job. He decided to reject the offer because he prefers the convenience of working from home in his current job. This is an example of: Compensating Wage Differentials Occupational Wage Structure Equalizing Differences Personal Characteristics Union Regulations
Sam was offered a new job that pays 20% more than his current job. He decided to reject the offer because he prefers the convenience of working from home in his current job. This is an example of: Compensating Wage Differentials Occupational Wage Structure Equalizing Differences Personal Characteristics Union Regulations
Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter19: Earnings And Discrimination
Section: Chapter Questions
Problem 9PA
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Question
Sam was offered a new job that pays 20% more than his current job. He decided to reject the offer because he prefers the convenience of working from home in his current job. This is an example of:
Compensating Wage Differentials |
||
Occupational Wage Structure |
||
Equalizing Differences |
||
Personal Characteristics |
||
Union Regulations |
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