Which of the Following Both Make a Firm More Likely

question 353

Multiple Choice

Which of the following both make a firm more likely to pay efficiency wages?

• A)it is easy to judge the quality of applicants and after workers have worked for the firm a while they tend not to look for other jobs
• B)it is easy to judge the quality of applicants and after workers have worked for the firm a while they tend to look for other jobs
• C)it is difficult to judge the quality of applicants and after workers have worked for the firm a while they tend not to look for other jobs
• D)it is difficult to judge the quality of applicants and after workers have worked for the firm a while they tend to look for other jobs

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Definitions:

Present Value

The current value of a future amount of money or stream of cash flows, given a specified rate of return.

Serial Bonds

Bonds issued under a single series, where each bond matures at a different specified time.

Mature

To reach a stage in development or growth where full potential or desired outcomes have been achieved.

Periodic Interest

Interest that is calculated and applied at regular intervals over the life of a loan or investment, affecting the overall amount paid or received.