Which of the Following Statements Is False

question 24

Multiple Choice

Which of the following statements is false?

• A)There are no special nonpecuniary aspects to any job.
• B)Nonpecuniary aspects of a job refer to the nonmoney aspects of a job.
• C)A change in the wage rate can change the quantity demanded and quantity supplied of labor.
• D)A change in the supply of labor can affect the wage rate.

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Definitions:

Negotiability

The quality of a document, particularly a financial instrument, that allows it to be transferred or assigned freely from one party to another.

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check or a bond, and has the right to collect the value of the instrument.

Payable

Describes an amount of money that is owed and should be paid, often within a specified period.

Bearer

Refers to an individual or entity in possession of a negotiable instrument, such as a check or bond, that is payable to whoever holds it.