Cory has just graduated from veterinary school. He can earn $40,000 working at a small animal clinic or $50,000 working with farm animals and horses where the risks of getting injured by an animal are higher. The higher salary to work with larger animals is an example of
a. a compensating differential.
b. signaling theory.
c. an efficiency wage.
d. efficient union bargaining.
a
Economics
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An example of an intermediate good would be
A) the soda pop sold by Quiznos. B) the bread that goes into a sub sandwich that is sold by Quiznos. C) the potato chips sold by Quiznos. D) a sub sandwich sold by Quiznos.
Economics
In the United States, the long-run inflation rate can be expressed simply as the growth rate of money
A) plus the long-run growth rate of velocity. B) minus the long-run growth rate of velocity. C) plus the long-run growth rate of real GDP. D) minus the long-run growth rate of real GDP.
Economics