The amount of unemployment caused by efficiency wages:
A) has been measured by economists to be minimal.
B) has been found to be quite large in markets that have mostly minimum-wage workers.
C) is larger in sectors that have more less-skilled workers in them.
D) has little conclusive evidence in economic research.
Correct Answer:
Verified
Q107: In the 1950s, about _ of U.S.
Q108: If the minimum wage is set at
Q109: Labor unions are groups of:
A) employees who
Q110: The number of U.S. workers in unions
Q111: What does the existence of labor unions
Q113: Efficiency wages are:
A) wages deliberately set above
Q114: The role of unions is:
A) unnecessary if
Q115: Employers choose to offer efficiency wages because:
A)
Q116: If minimum wage legislation does cause unemployment,
Q117: The employer who has the most unionized
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