Other things being equal, the wages of clerical workers would tend to decrease if there was an increase in
A) the marginal revenue product of clerical workers.
B) the minimum entry requirements for clerical work.
C) the period of training required for clerical work.
D) nonmonetary benefits available to clerical workers.

Question

Quizplus · Accepted Answer

An increase in nonmonetary benefits available to clerical workers could lead to a decrease in wages, as workers might accept lower pay in exchange for better nonmonetary benefits.

Other Things Being Equal, the Wages of Clerical Workers Would