What Is a Possible Explanation as to Why Workers Who

question 17

Multiple Choice

What is a possible explanation as to why workers who have been on the job for a long time earn more than newly hired workers?

• A) Workers in bad job matches tend to stay on the job longer.
• B) Workers in long-lasting job matches accumulate specific training over time, which increases the workers' productivity.
• C) The positive effects of general training on education erode over time.
• D) Young workers are more productive than older workers.
• E) U.S. law requires older workers to be paid more than younger workers.

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Definitions:

Event

An occurrence or happening, particularly one of significance, often considered for its effects or outcomes in various contexts.

Exclusive

Pertaining to a unique right or privilege held by an entity, preventing others from sharing the same.

Discrete Random Variable

A variable that takes on a countable number of distinct and separate values, often resulting from a counting process.

Outcomes

The results or consequences of actions or experiments that can be measured or observed.