According to Doeringer and Piore (1971),the Supplants the Price and Wage

question 10

Multiple Choice

According to Doeringer and Piore (1971) ,the supplants the price and wage system of the as the primary means .

• A) internal labor market;external labor market;by which scarce resources are allocated
• B) internal labor market;external labor market;by which workers are recruited
• C) internal labor market;external labor market;by which the market is organized
• D) external labor market;internal labor market;by which scarce resources are allocated
• E) external labor market;internal labor market;by which workers are recruited

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Definitions:

Premium

The amount paid for an insurance policy or the amount by which a bond or stock sells above its face value.

Discount

A reduction from the usual cost of something, often used to encourage prompt payment or increase sales.

Market Interest Rate

The prevailing rate of interest that borrowers and lenders can expect to transact at in the broader financial market, influenced by supply and demand.

Contractual Interest Rate

The rate of interest agreed upon within the terms of a loan or bond agreement, payable to lenders or bondholders.