If Efficiency Wage Theory Is Valid,we Would Expect a Relatively

question 42

Multiple Choice

If efficiency wage theory is valid,we would expect a relatively low premium over the reservation wage when

• A)the unemployment rate is low.
• B)the job requires very little training.
• C)workers can be easily monitored.
• D)workers have few other options for employment in the area.
• E) all of the above

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