13.3 Explaining the Existence of Unemployment

question 43

Multiple Choice

13.3 Explaining the Existence of Unemployment
-When a firm pays higher wages for its workers to improve workers' productivity, the firm pays

• A) sticky wages.
• B) flexible wages.
• C) efficiency wages.
• D) minimum wages.

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Definitions:

Thorndike

Refers to Edward Lee Thorndike, an American psychologist known for his work in education psychology and the development of theories on learning and behavior.

Cattell

Cattell refers to Raymond Cattell, a psychologist known for his work in personality theory and his development of several personality assessments, including the 16 Personality Factor Questionnaire.

Miner

A person engaged in the extraction of minerals from the earth, particularly those containing valuable metals or minerals.

Strong

This term could refer to various contexts but lacks a specific definition without additional context; thus, it's not clearly identifiable as a unique key term.