The Theory of Efficiency Wages Challenges the Assumption That

question 9

Multiple Choice

The theory of efficiency wages challenges the assumption that

• A)workers are efficient.
• B)workers have an incentive to shirk their responsibilities to their employers.
• C)wages must always adjust to balance labor supply and labor demand.
• D)firms sometimes choose to pay their workers above-equilibrium wages.

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West's Federal Appendix

A reporter of federal court decisions that are not selected for publication in the Federal Reporter.

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A previous court decision that must be followed by lower courts within the same jurisdiction in cases involving similar facts or legal issues.