What is a possible explanation as to why workers who have been on the job for a long time earn more than newly hired workers?
A) Workers in bad job matches tend to stay on the job longer.
B) Workers in long-lasting job matches accumulate specific training over time, which increases the workers' productivity.
C) The positive effects of general training on education erode over time.
D) Young workers are more productive than older workers.
E) U.S. law requires older workers to be paid more than younger workers.

Question

Quizplus · Accepted Answer

Workers in long-lasting job matches accumulate specific training over time, which increases their productivity. This specific training makes them more valuable to their employers, leading to higher wages compared to newly hired workers who have not yet accumulated such skills or knowledge.

What Is a Possible Explanation as to Why Workers Who