Wage Differentials Between Occupations Can Be Explained by All of the Following

question 163

Multiple Choice

Wage differentials between occupations can be explained by all of the following except

• A)the fact that some occupations require higher levels of human capital than others.
• B)the fact that some occupations are more desirable than others.
• C)the market power of different employers.
• D)the relative differences between demand and supply in various occupations.

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Definitions:

Warrants

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a specified price before the expiry date.

Dilute

To dilute means to make a company's shares less valuable by increasing the total number of shares, often through issuing new shares during fundraising.

Conversion Ratio

The specific number of shares that can be obtained by converting a convertible security like a bond or preferred stock into common stock.

Convertible Bonds

A type of bond that can be converted into a predetermined number of shares of the issuing company's stock, at the holder's option.