_______ are most closely associated with creating a pool of workers who are involuntarily unemployed.
A)Piece rates
B)Incentive pay schemes
C)Time rates
D)Efficiency wages
E)Profit sharing schemes

Question

Quizplus · Accepted Answer

Efficiency wages are intended to attract and retain the most productive workers by paying above-market wages. This can create a pool of workers who are involuntarily unemployed because employers are only willing to hire a certain number of workers at the higher wage rate.

_______ Are Most Closely Associated with Creating a Pool of Workers