Everything else being equal,a job in which workers face a relatively small chance of being laid off would generally have
A)a lower wage rate
B)a higher wage rate
C)more fringe benefits
D)higher skill requirements
E)no expected wage differentials in equilibrium

Question

Quizplus · Accepted Answer

Jobs with lower risk of layoffs are generally more attractive, leading to a lower wage rate as workers are willing to accept less pay for greater job security.

Everything Else Being Equal,a Job in Which Workers Face a Relatively