he efficiency wage is the ?

Related Mcqs:

Lack of absorptive capacity in developing countries results from ?

A. inadequate government bureaucracy B. small size of infrastructure C. too few innovative entrepreneurs D. unsuitable technology E. All of the above are correct...

Which of the following is not True ?

A. In 1990 the world had 98 mainline phones and 2 mobile phones per 1,000 people: in 2001 169 mainline and 153 mobiles per 1000 B. Mobile phones do not require the massive infrastructure investment that mainline telephone require C. In 2001 the World information technology expenditures were about 1/20 of 1% of world gross … Which of the following is not True ?Read More...

Which of the following is True is LDCs ?

A. Labor is often underemployed, having a low alternative cost B. It is cheaper to hire labor in LDC because its productivity is relatively higher than in DCs C. Adapting existing Western technology to LDC conditions requires little creativity D. Labor is usually considered the scarce factor...

Vaccinating people for measles, rubella, polio and cholera to substantially increase net social benefits by improving the health and productivity of the population is an example of ?

A. economies of scale B. external economies C. negative externality D. net present value...

Market price adjusted to consider differences between social cost-benefit and private cost-benefit calculations are ?

A. price distortions B. consumer surplus C. shadow prices D. exchange rates...