The extra pay people earn in exchange for undertaking risky or otherwise undesirable work is called

A) a compensating differential.
B) arbitrage income.
C) overtime pay.
D) a fringe benefit.

A

Economics

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Which of the following would be considered unemployed as part of normal labor market turnover?

i. Juliet, who was fired when the company where she worked went bankrupt in a recession ii. Hannah, who quit her job to find one that better suited her skills iii. Charlotte, who started looking for a job upon graduation from high school A) ii and iii B) i and ii C) i, ii and iii D) i and iii E) iii only

Economics

Refer to Table 18-5. The tax system is

A) progressive throughout all levels of income. B) regressive between $20,000 and $25,000 of income and progressive between $32,000 and $42,000. C) regressive throughout all levels of income. D) proportional throughout all levels of income.

Economics