Figure 17.6.1 -The "No Shirking Constraint" (NSC) Curve Is

question 54

Multiple Choice

Figure 17.6.1
-The "no shirking constraint" (NSC) curve is:

• A) downward-sloping to reflect the fact that at higher wages, firms will monitor workers more to see whether they are shirking.
• B) downward-sloping to reflect the fact that shirking tends to be higher in lower-paying industries.
• C) upward-sloping because at high levels of unemployment, workers will refrain from slacking without much other incentive.
• D) upward-sloping because at high levels of employment, many "slacking" individuals have been hired.
• E) vertical because the constraint represents the absolute amount of time a firm will tolerate workers' slacking without laying them off.

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Definitions:

Dice

Small cube-shaped objects with dots on each of their six faces, used for generating random numbers in games.

Scatterplot

A graphical representation using dots to show the relationship between two sets of data or variables.

Negatively Correlated

An association between two variables characterized by the increase of one variable leading to the decrease of the other, and reverse scenarios.

Variables

Elements, features, or factors that can change and have different values among subjects in a study or experiment.