The Lack of Job Information for Workers Would Be an Example

question 42

Multiple Choice

The lack of job information for workers would be an example of what explanation for wage differentials among workers?

• A) Noncompeting groups
• B) Compensating differences
• C) Market imperfections
• D) Principal-agent problems

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Definitions:

Discrimination

Unjust or prejudiced treatment of different categories of people or things, especially on the grounds of race, age, sex, or disability.

Romantic Relationship

A romantic relationship is an emotional and physical connection between two people that often involves love, intimacy, and commitment.

Strengthen

To make or become stronger in physical or mental capacity.

Positive

Characterized by or displaying affirmation, constructive qualities, or optimism.