Suppose the Following Conditions Existed in the Canadian Labour Market

question 28

Multiple Choice

Suppose the following conditions existed in the Canadian labour market:
1) All labour is mobile and possesses the same skills.
2) Non- monetary advantages are the same across industries and occupations.
3) The demand conditions for labour are the same across industries. In this situation, we expect wage rates to

• A) differ because of the desirability of the location of the job.
• B) be the same in all industries.
• C) be the same in most industries.
• D) have equilibrium differentials.
• E) be higher in some industries than in others.

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Definitions:

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A progressive neurological disorder that causes memory loss, impaired thinking, and changes in behavior, stemming from the degeneration of brain cells.

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A type of traumatic brain injury caused by a blow to the head or body, a fall, or another injury that jars or shakes the brain inside the skull.

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A type of gasoline that contains lead compounds, which were used to improve engine performance but have been largely phased out due to health and environmental concerns.

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A progressive neurological disorder that causes memory loss, cognitive decline, and eventually loss of bodily functions, leading to death.