134according to some supporters of the minimum wage

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134.According to some supporters of the minimum wage, it has very small or even nonexistent negative employment effects because: A. the demand for minimum wage labor is highly elastic. B . it reduces turnover among minimum wage workers, prompts employers to use them more efficiently, and thus raises their average productivity. C. it encourages teenagers to stay in school. D. employers substitute lower fringe benefits for higher pay, keeping their compensation costs the same. 135.Wage differentials can arise from: A. both the demand-side and supply-side of labor markets. B. the demand-side of labor markets only. C. the supply-side of labor markets only. D. neither the demand-side or supply-side of labor markets.
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136.If all workers are homogeneous, all jobs are equally attractive to workers, and labor markets are perfectly competitive: A. compensating differences would cause wage differentials. B. noncompeting groups of workers would result in wage differentials. C. all workers would receive the same wage rate. D. worker mobility would occur such that wage differentials would widen. 137.Wage differentials may result from all the following except : A. differences in the nonmonetary aspects of various occupations. B. differences in the education and skills of workers. C. geographic and sociological immobilities of workers. D. the tendency of qualified workers to move from lower pay jobs to higher pay jobs. 138.Suppose all workers are identical, but working for Ajax is more pleasant than working for Acme. In all other nonwage aspects the two firms offer the same job characteristics. We would expect: A. wage rates at Ajax to be higher than at Acme. B. wage rates at Ajax to be lower than at Acme. C. wage rates at Ajax and Acme to be the same. D. workers at Ajax would have to be monitored more closely than at Acme. 139.Noncompeting groups of workers are the result of: A. differences in the age-earnings profiles of workers. B. differences in the "job tastes" of workers. C. differences in the innate and acquired abilities of workers. D. geographic immobilities. 140.Compensating differences in wages: A. compensate workers for differences in their human capital. B. are wage differences that compensate for differences in the desirability of jobs. C. describe the tendency for the wages of all occupations to adjust to the median level. D. do not exist if jobs have different nonmonetary characteristics. 141.Compensating differences in wages pay workers for: A. differences in worker training and skills. B. differences in the nonmonetary characteristics of jobs. C. geographic immobilities. D. discrimination in hiring and firing. 142.Which of the following factors is not relevant in explaining the persistence of wage differentials?
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134According to some supporters of the minimum wage it has...

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