Which of the Following Is True of the Efficiency Wage

question 48

Multiple Choice

Which of the following is true of the efficiency wage model?

• A)According to the efficiency wage model, wages should increase as the productivity of workers increases with experience.
• B)According to the efficiency wage model, market wages should always be lower than the efficiency wage.
• C)In the efficiency wage model, employers pay their employees a wage equal to the equilibrium wage as a means to increase efficiency.
• D)In the efficiency wage model, employers pay their employees a wage less than the equilibrium wage to cut costs.
• E)In the efficiency wage model, employers pay their employees a wage more than the equilibrium wage as a means to increase their productivities.

Recognize the impact of workplace conditions such as downsizing and work hours on employee stress.

Estimate the mortality rate among Canadian workers due to occupational injuries or diseases.

Identify common workplace injuries and preventive measures.

Recognize the roles and responsibilities of workplace parties in maintaining health and safety, including occupational health and safety inspectors.