Suppose that a company hires recent college graduates for two types of jobs, sales people and credit analysts. The hours worked and skill levels are the same for both positions. The sales people must "cold call," which many people find to be unpleasant. When comparing the salaries of the two positions, it is likely that the company pays the
a. credit analysts more as a compensating differential.
b. sales people more as a compensating differential.
c. same salary for both positions because they require the same skill level.
d. same salary for both positions because it would be illegal to do otherwise.
b
Economics
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Excess reserves are equal to
A) the sum of desired reserves plus any reserves that are more than are required. B) actual reserves minus desired reserves. C) actual reserves plus desired reserves. D) desired reserves minus actual reserves.
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The growing use of computers led to a substantial increase in the overall U.S. productivity growth from 1995 to 2005
a. True b. False Indicate whether the statement is true or false
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