Asked by Gaoussou Doucoure on Jun 03, 2024
Verified
Wage differentials may result from all the following except:
A) differences in the nonmonetary aspects of various occupations.
B) differences in the education and skills of workers.
C) geographic and sociological immobilities of workers.
D) the tendency of qualified workers to move from lower pay jobs to higher pay jobs.
Wage Differentials
The variations in wage rates due to factors such as occupation, experience, education, industry, location, and economic conditions.
Sociological Immobilities
Barriers within a society that prevent or impede individuals’ ability to move up the social or economic ladder.
- Review the concepts of compensating wage differentials and the factors that result in wage discrepancies among workers.
Verified Answer
DC
Dejah CarlockJun 08, 2024
Final Answer :
D
Explanation :
The tendency of qualified workers to move from lower-paying jobs to higher-paying jobs is a mechanism that can reduce wage differentials by aligning the supply of skilled labor with demand, rather than a cause of wage differentials.
Learning Objectives
- Review the concepts of compensating wage differentials and the factors that result in wage discrepancies among workers.