One difficulty with the idea of comparable worth is that
a. it does not address the idea of compensating wage differentials
b. it would reduce the federal budget deficit
c. it would cause aggregate wages to fall
d. a government agency cannot accurately evaluate the many different characteristics of jobs
e. it would not take into account differences in the supply of labor among firms
D
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The supply curve of a perfectly competitive firm in the short run is
A) the portion of the firm's marginal cost curve above the minimum point of the average total cost curve. B) the firm's average variable cost curve. C) the portion of the firm's marginal cost curve above the minimum point of the average variable cost curve. D) the portion of the firm's marginal cost curve below the minimum point of the average variable cost curve.
What best describes the US experience with banking from 1785 until the Civil War?
a. There was a national bank for the entire time period. b. The first two national banks were largely foreign owned. c. Only gold was used to back currency. d. Only national banks could print notes.