If job X pays more than identical job Y,then the wage rates will:
A) remain different if mobility is costless
B) remain different if information is perfect
C) equalize because labor will migrate from X to Y
D) equalize if information is perfect and mobility is costless
Correct Answer:
Verified
Q2: In 2010,hourly pay (measured in U.S.dollars)was highest
Q3: refer to the diagram below, which represents
Q4: Which of the following research findings would
Q5: Of the following industries,2011 average hourly earnings
Q6: Of the following occupational groups,2011 average hourly
Q8: Heterogeneous jobs are those that:
A)pay identical wages
B)have
Q9: refer to the diagram below, which represents
Q10: Lower-paid workers often seem to have less
Q11: Suppose all workers are identical but working
Q12: refer to the following diagram
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