Curly Just Graduated from State U and Has Three Job

question 53

Multiple Choice

Curly just graduated from State U and has three job offers: teaching at a prestigious private high school nine months a year with summers off,working forty hours a week at a bank in a small city,and working more than sixty hours a week for a high-powered investment firm on Wall Street (in New York City) .
Suppose all of the jobs currently offer exactly the same annual salary,and that most people prefer leisure to work,all else equal.In order to attract workers,

• A)the private high school will have to offer a higher salary than the others.
• B)the bank will have to offer a higher salary than the Wall Street firm.
• C)the Wall Street firm will be able to offer a lower salary than the others.
• D)the Wall Street firm will have to offer a higher salary than the others.

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