An Example of an Employee Acting Unethically Towards His or Her

question 54

Multiple Choice

An example of an employee acting unethically towards his or her employer is:

• A)Taking a vacation
• B)Taking unjustified sick leave
• C)Working overtime
• D)Taking a 15 minute break

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Definitions:

Wage Disparity

The difference in wages earned by different groups of workers, often due to factors like gender, education, or ethnicity.

Equilibrium Wage

The wage rate at which the quantity of labor supplied equals the quantity of labor demanded in the market.

Efficiency Wage

A higher wage paid by employers to increase productivity by attracting better applicants, reducing turnover, and motivating employees.

Marginal Productivity

The additional output that is produced by adding one more unit of a factor of production, holding other factors constant.