How Wages Are Determined Is Best Described By

question 33

Multiple Choice

How wages are determined is best described by:

• A) economic factors only.
• B) political and social forces only.
• C) economic factors, with strong influences by political and social forces.
• D) government regulation only.

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Definitions:

Autobiographical memory

The aspect of memory that involves the recollection of personal experiences and events in one's life.

Explicit memory

A type of long-term memory that involves conscious recollection of specific facts and events that can be verbally stated.

Implicit memory

A type of long-term memory that enables us to perform tasks without conscious awareness of these previous experiences.

Procedural memory

A type of long-term memory involved in the acquisition of skills and tasks that can be performed without conscious awareness.