Which of the following statements is true?
A) Fringe benefits are not part of a person's total earnings.
B) Fringe benefits do not affect a person's decision whether to accept a job.
C) Compensation and fringe benefits are unrelated concepts.
D) Fringe benefits are taxed just like regular money pay.
E) Fringe benefits have grown as a percentage of workers' total pay.
Correct Answer:
Verified
Q11: Suppose that over the course of a
Q12: In determining workers' pay, which of the
Q13: The real wage is
A)the manner in which
Q14: The reason that economists are concerned with
Q15: Fringe benefits
A)are an entitlement of workers.
B)are not
Q17: The growth rate of real wages has
Q18: The nominal wage
A)does not account for inflation.
B)reflects
Q19: Discrimination in the labor market cannot be
Q20: The tools of supply and demand analysis
Q21: Total compensation is properly calculated by taking
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