In the 1920s, employers embraced the American Plan because A) it promoted the creation of a workplace free of government and union regulations. B) all employees were unionized. it supported government regulations. D it took the "human factor" into consideration. it provided employees with private pensions.
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- Offering higher than equilibrium wages can be expected to a)increase the cost of losing a job. b) prompt some workers to put up with some strict rules and to be obedient to management. c)inspire effort fromthose who can't be monitored directly on a daily basis d) reduce training cost and increase efficiency. over time. e) all of the above.Ted leaves his job as a high school math teacher andreturns to school to study the latest developmentsin computer programming, after which he takesa higher-paying job at a software firm. This is anexample ofa. a compensating differential.b. human capital.c. signaling.d. efficiency wagesMarshall and Lily work at a local department store.Marshall, who greets customers as they arrive, ispaid less than Lily, who cleans the bathrooms. Thisis an example ofa. a compensating differential.b. human capital.c. signaling.d. efficiency wages.
- State true or false with reason "self employed are different from hired workers "Union proponents have suggested strengthening U.S. labor laws in all of the following ways except: Streamlining or shortening the certification election process Requiring workplaces to use an "opt out" approach to unionization rather than an "opt in" approach (i.e., all workers would be unionized unless the majority voted against it) Expanding NLRA coverage to supervisors Prohibiting the use of performance strike replacementsThe idea that some educational requirements areunnecessary for many jobs today is calleda. status grouping. c. meritocracy.b. credentialism. d. conflict.
- With respect to unionization rates: Men's rate has increased and the Women's rate has increased Men's rate has increased and the Women's rate has decreased Men's rate has decreased and the Women's rate has increased Men's rate has decreased and the Women's rate has decreased Mon's rate have bech stable and the Women's rate has increased.It is difficult to measure to what extentdiscrimination affects labor market outcomesbecausea. data on wages are crucial but not readilyavailable.b. firms misreport the wages they pay to hidediscriminatory practices.c. workers differ in their attributes and the types ofjobs they have.d. the same minimum-wage law applies to workersin all groups.An example of a policy that combats discrimination is: Equal employment opportunity legislation Affirmative action legislation Equal pay legislation Pay equity or equal value legislation All of the above
- Occupational licensing has much the same effect as: Select one: a) monopsony b) inclusive unionism c) exclusive unionism d) bilateral monopoly e) oligopolyThere are many reasons why women earn less than men. One is attributed to the education and work environment women seek. Women often look for jobs that have normal hours, good working conditions, and safety. True or False?Explain Dual labor market theory?