What would be the result of national laws protecting the health and safety of workers completely eliminated any and all risk?
A)Workers in risky occupations become better off.
B)Compensating wage differentials disappear and workers in risky occupations may be no better off.
C)Compensating differentials would grow because workers could not be compensated by being given lower risk jobs.
D)More people would be employed.

Question

Quizplus · Accepted Answer

If all risks were eliminated entirely, then workers in risky occupations would no longer need to be compensated with higher wages for taking on those risks. As a result, compensating wage differentials would disappear, leaving workers in those occupations with no better pay or benefits than workers in safer jobs.

What Would Be the Result of National Laws Protecting the Health