Which of the Following Is an Example of an Efficiency

question 25

Multiple Choice

Which of the following is an example of an efficiency wage?

• A)an addition the government makes to some workers' wages in order to reduce poverty
• B)an equilibrium wage paid to workers who work part time and so are exempt from the minimum wage
• C)paying higher wages to workers doing dangerous tasks
• D)an above equilibrium wage paid to workers to reduce shirking

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Definitions:

Stress-Vulnerability

A model suggesting that the development of psychiatric disorders results from the interaction between individual vulnerability (genetic, biological) and external stressors.

Two-Factor Theory

A psychological theory that proposes human emotions consist of two components: physical arousal and a cognitive label for that arousal.

Genetically Inherited Traits

Characteristics or attributes that are passed from parents to offspring through genes.

Environment

The sum of all external conditions and influences affecting the life and development of organisms, including natural and built environments.