Which of the Following Best Explains Why Current Employers Do

question 41

Multiple Choice

Which of the following best explains why current employers do not seem to reduce wages for existing employees in the short term when the supply for a particular set of skills far outstrips the demand?

• A) because of the wage compression phenomenon
• B) because of the negative impact on performance and increased turnover
• C) because labour budgets tend to be determined on an annual basis
• D) because fewer potential employees tend to put upwards pressure on wages

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Definitions:

Sundown Towns

Historically, towns or communities in the United States that enforced racial segregation by excluding non-white individuals after sundown.

English-only Ordinances

Laws or regulations that designate English as the sole official language of a jurisdiction or organization, often controversial for their impact on non-English speakers.

Devil's Bargain

A deal made or situation entered into with potentially disastrous consequences, often involving a compromise of one's ethics or morals.

Radioactive Waste

Materials that are radioactive and for which there is no practical use, requiring managed disposal to protect human health and the environment.