Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN: 9781285165875
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 19, Problem 4QCMC
To determine
Example of signaling.
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Students have asked these similar questions
20. Working in a slaughterhouse is much riskier and more unpleasant than working in a
bookstore. As a result, we'd expect a difference in wages between the two jobs. The
difference is known as
a. an efficiency wage.
b. a compensating differential.
c. a wage adjustment.
d. a minimum wage.
Which type of worker would earn the high income but has lesser marginal productivity?
a.Fashion model
b. CEO
c. Farm owner
d. Computer programmer
What reason does NOT explain why
women may earn less than men in the labor
market?
A. Occupational choice
B. Women tend to be less productive
C. Women tend to ask for raises less often
D. Having children
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Principles of Economics, 7th Edition (MindTap Course List)
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