Samantha, the CEO of a Corporation Operating in Uganda, Decides

question 125

Multiple Choice

Samantha, the CEO of a corporation operating in Uganda, decides to raise the wages of her workers, even though she faces an excess supply of labour. Which of the following is an expected result from her decision?

• A)It will increase productivity, according to the efficiency wage theory.
• B)It will help eliminate the excess supply of labour if she raises it sufficiently.
• C)It will cause unemployment to fall.
• D)It will decrease profits, according to the efficiency wage theory.

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Definitions:

Divorce

The legal dissolution of a marriage by a court or other competent body.

Parents

The caregivers of a child, who may be biological, adoptive, step, or foster guardians.

Children

Young human beings, usually considered to be from birth until puberty but definitions may vary.

Late Adulthood

A life stage typically defined as beginning at the age of 65 and encompassing the final years of life, marked by both physical and cognitive changes.