A Standard Efficiency Wage Model Pays Workers Higher Wages in Order

question 16

Multiple Choice

A standard efficiency wage model pays workers higher wages in order to increase worker efficiency. As a result, firm profits increase and there is a pool of involuntarily unemployed workers. In this model, if the firm's cost of monitoring effort falls,

• A)the efficiency wage will fall.
• B)the number of shirking workers will fall.
• C)firm profits will fall.
• D)the firm will increase its number of factory managers.
• E)the pool of involuntarily unemployed workers will increase.

---

Definitions:

Reproductive System

The biological system comprised of organs and structures in both males and females responsible for the production of offspring through sexual reproduction.

Social Constructionism

A theory that suggests our realities are shaped through our experiences and social interactions.

Gender Differences

The distinctions in characteristics, roles, behaviors, and cultural/social expectations traditionally associated with being male or female.

Symbolic Interactionism

A sociological perspective focusing on the way individuals and groups use symbols to create meaning, communicate, and develop their views of the world.