The functional distribution of income shows how national income is divided between ?

Related Mcqs:

If a person who works in coal mine gets paid more than a person with a similar background and skills who works in a safer job, then ?

A. coal miners must have greater human capital than others B. we have observed a compensating differential C. coal miners must be more attractive than other workers D. we have evidence of discrimination against workers outside the coal mine...

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...

Which of the following is not a reason why some workers are paid above the equilibrium wage ?

A. minimum-wage laws B. efficiency wages C. unions D. beauty...

Competitive markets tend to ?

A. Increase labor market discrimination because some workers can charge more for their services than other workers in a competitive market B. have no impact on labour market discrimination C. reduce labour market discrimination because non-discrimination firms will employ cheaper labour earn more profits and drive discriminating firms out of the market D. increase labour … Competitive markets tend to ?Read More...