The practice of tenure at American universities is quite common
When a junior professor is approved for tenure he or she is promoted to associate or full professor and enjoys for all intents and purposes lifetime employment and protection against firing in the event that he or she's views are at odds with the university administration. While this policy has been in place for many decades across the country why is it that universities are hesitant to grant and do so only after careful evaluation of the candidate's work even though the salary they may have to contract is lower than what one might receive in the private sector.
The reasons that universities are hesitant to grant tenure and are very careful in the evaluation of candidates for tenure is that once it is granted the university incurs a significant fixed cost in terms of the salary negotiated with the professor over the expected term of employment which could span many decades.
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Which of the following is true of the Industrial Revolution? a. It led to a widening of income inequality between nations
b. It led to an increase in the foreign reserves of all nations. c. It led to a twofold increase in the per-capita GDP of all nations. d. It helped artisans produce the highest-quality products.
In cities with rent controls, the actual rents paid can be ________ than the legal maximum. One explanation for this is because there is a ________ of apartments, tenants are ________
A) higher; shortage; often willing to pay rents higher than the law allows B) higher; surplus; often forced to pay rents higher than the law allows C) lower; surplus; never willing to pay rents below the legal maximum D) lower; shortage; rarely willing to pay rents lower than the law allows