Compensating Differentials Are

question 9

Multiple Choice

Compensating differentials are

• A)non-monetary benefits from being employed, such as health-care benefits.
• B)wages paid to workers where the supply of labor is great relative to demand.
• C)higher wages that compensate workers for unpleasant aspects of a job.
• D)higher wages that compensate the more experienced workers in a field.

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Definitions:

Sensorimotor Stage

The first stage in Piaget's theory of cognitive development, from birth to about 2 years of age, where infants learn about the world through their sensory impressions and motor activities.

Concrete Operational

A stage in Jean Piaget's theory of cognitive development during which children (ages 7-12 approximately) gain a better understanding of mental operations, leading to more logical thoughts about concrete events.

Formal Operational

The stage of cognitive development, according to Piaget, where individuals can think abstractly and systematically.

Assimilation

The cognitive process of fitting new information into pre-existing cognitive schemas, perceptions, and understanding.