Identify the correct statement about workers.
A)Their contribution to the productive process remains constant as they grow older, and they earn less.
B)They acquire job experience, and their earnings increase with an increase in their ages.
C)Industrial deregulation has increased the pay for workers with less education.
D)Declining unionization has increased the pay for workers with less education.
E)Migration of workers has increased the pay for workers with less education.

Question

Quizplus · Accepted Answer

As workers gain more job experience, their skills improve and they become more productive, which leads to higher wages. This is a common pattern in the labor market. Option A is incorrect because as workers gain more experience, they become more valuable to employers and are typically compensated accordingly. Option C, D, and E are also incorrect as there is no evidence to support this claim.

Identify the Correct Statement About Workers