A Portion of a Worker's Earnings Is Economic Rent If

question 40

Multiple Choice

A portion of a worker's earnings is economic rent if the worker

• A) has skills that make him more productive than an unskilled worker.
• B) would accept a small reduction in pay without quitting.
• C) was the last person hired at the going wage rate.
• D) has been on the job for at least a year.

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Definitions:

Estrogen

A group of hormones that play an essential role in the growth and development of female sexual characteristics and the reproductive process.

Sternberg's Components

Refers to the three components of love according to psychologist Robert Sternberg: intimacy, passion, and commitment.

Intimacy

A close, familiar, and usually affectionate or loving personal relationship with another person or group.

Passion

A strong and barely controllable emotion or enthusiasm for something.