Matthew Just Graduated from Culinary School

question 254

Multiple Choice

Matthew just graduated from culinary school. He can earn $40,000 a year working for the same local bakery he has worked at since before starting culinary school, or accept a job offer he received after graduation from a high-end restaurant paying $70,000 a year. The higher salary is a result of

• A)a compensating differential.
• B)efficient union bargaining.
• C)having more human capital.
• D)pure luck.

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Definitions:

Tourists

Individuals who travel to and stay in places outside their usual environment for leisure, business, or other purposes for not more than one consecutive year.

Civilization

An advanced state of human society, characterized by the development of complex institutions, knowledge, arts, and customs.

Cultures

The collective beliefs, behaviors, norms, practices, and material objects that members of a society use to cope with their world and with one another, passed from generation to generation through learning.

Cultural Identities

Describes the way individuals or groups perceive and express themselves based on shared beliefs, values, customs, and practices within a culture.