If firms pay what are called "efficiency wages," they pay wages that
A) are lower than average to ensure maximum profit.
B) are mandated by the government.
C) will eventually lower the unemployment rate.
D) motivate workers to increase their productivity.
D
Economics
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The law of demand implies that the demand curve
A) has a negative slope. B) has a positive slope. C) shifts to the right when the price of a good increases. D) shifts to the left when the price of a good decreases.
Economics
Which of the following is NOT an economic function of the U.S. government?
A) promoting competition B) providing public goods C) promoting price stability D) encouraging production of government-inhibited goods
Economics