Which of the following explanations of wage differentials is not likely to be true ?

Related Mcqs:

Economists have hypothesized that the widening gap between the wages of unskilled workers and skilled workers may be due to ?

A. decrease in the demand for unskilled workers because of increases in technology and increases in international trade B. increase in the number of unskilled workers available due to immigration into the UK. C. decrease in the demand for unskilled workers are more poorly educated D. increase in the number of unskilled workers available because … Economists have hypothesized that the widening gap between the wages of unskilled workers and skilled workers may be due to ?Read More...

The opportunity cost of acquiring education is ?

A. course fees B. course fees and living expenses C. the earnings foregone D. Course fees living expenses and textbook...

Unions achieve a higher wage differential the more _____ and the more ______?

A. inelastic the demand for labour, they can restrict the supply of labour B. members they have, aggressive they behave C. the economy is growing, people prefer leisure D. the productivity is growing vacancies exist...

The value of an asset depends upon ?

A. its scrap values B. its depreciation C. the present value of the future stream of income it can earn D. the cost of loans...

Which of the following is true regarding the earning of attractive versus unattractive workers ?

A. Attractive people tend to earn less because attractive people are viewed as shallow and more self-absorbed and therefore, as less productive B. Attractive people tend to earn more because they may actually have a larger value of marginal product C. Attractive people tend to earn more because attractive people usually have greater human capital … Which of the following is true regarding the earning of attractive versus unattractive workers ?Read More...