A difference in wages that reflects differences in the nonpay features of two jobs is called
a. a compensating differential.
b. a wage adjustment.
c. an efficiency wage.
d. a minimum wage.
a
Economics
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From the end of the Civil War to the start of World War I, the direction of U.S. trade
(a) stayed the same. (b) was dominated by trade with Europe. (c) grew and broadened to include other countries in Asia and the Americas. (d) dwindled.
Economics
A measure of sensitivity or responsiveness to changes in price or income is called
a. elasticity b. technology c. supply and demand d. social pressure e. kickback
Economics