In the mid-to-late 2000s, a regional wage premium developed within the Canadian labour market. Which of the following statements is false?
A) In the long run, one expected the wage premium to dissipate through regional migration.
B) The wage premium was related to the situations in the manufacturing sector and the energy sectors of the Canadian economy.
C) The demand for labour expanded more in Alberta than in Ontario.
D) The supply of labour contracted in Alberta, helping to push up the wage.
E) Wages rose in Alberta relative to Ontario
Correct Answer:
Verified
Q5: What is the role of short-run adjustments
Q6: Keeping other factors constant, which of the
Q7: Which of the following statements regarding the
Q8: Interfirm wage differentials could stem from all
Q9: Consider an earnings function. In addition to
Q11: The political constraint facing the public sector
Q12: Which of the following statements is true?
Q13: The empirical literature on the public sector/private
Q14: Suppose that a wage premium is paid
Q15: Basic economic theory suggests that in the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents