Which of the following could explain an increase in the equilibrium wage rate for a particular job?
a. a decrease in the amount of training needed to perform this job
b. an increase in the amount of risk associated with this job
c. a decrease in the amount of risk associated with this job
d. an improvement in the working conditions associated with this job
e. increased migration of workers to this geographic location
B
Economics
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Economists have found that union workers earn about 30 to 40 percent more than similar workers who do not belong to unions
a. True b. False Indicate whether the statement is true or false
Economics
A government is running a budget deficit if:
A. government revenue exceeds government spending. B. imports exceed exports. C. exports exceed imports. D. government revenue is less than government spending.
Economics