(Appendix) If Relative Income Standing and Job Safety Both Matter

question 2

Multiple Choice

(Appendix) If relative income standing and job safety both matter, then

• A)a prisoner dilemma problem may result where optimality requires collusion or a law requiring cooperation.
• B)a free market environment for choosing both objectives can bring optimality.
• C)if no legislation occurs, workers will be unsafe and less equal in income standing.
• D)workers will always be able to find the best suitable job.

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Definitions:

Federal Governments

A system of government where power is divided between a central authority and smaller political units, such as states or provinces.

Gilded Age

A term used to describe the late 19th century in the United States, a period marked by rapid economic growth, technological innovation, and ostentatious wealth, often accompanied by widespread social inequalities and corruption.

Mark Twain

An American author and humorist best known for his novels "The Adventures of Tom Sawyer" and its sequel "The Adventures of Huckleberry Finn."

Global Migrations

The movement of populations across the globe, often involving the relocation of individuals or groups from one country to another for reasons such as employment, safety, or socio-economic improvement.