Wages of Doctors Tend to Be Higher Than Wages of Bankers

question 428

Multiple Choice

Wages of doctors tend to be higher than wages of bankers. Which of the following is a compensating differential explaining the difference in wages?

• A)Doctors have the stress of being responsible for other peoples' lives while bankers do not.
• B)Doctors are on call to work nights and weekends, while bankers work traditional business hours.
• C)Doctors must pay for malpractice insurance in case they are sued for a mistake on the job.
• D)All of the above are compensating differentials.

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