Labor markets that determine peoples wages

Reference no: EM13693967

With respect to market forces and/or labor markets that determine peoples' wages, which of the following is a true statement?

labor markets consider how much a family needs for health care

market forces consider what happens to families in their business decisions

labor markets consider how much a family needs for necessities

labor markets create considerable inequalities relating to income

Reference no: EM13693967

Questions Cloud

Has no monetary incentive to work : Lesley is a single mother with 2 children. She can earn $10 per hour and can work up to 1,800 hours per year. However, if she does not earn any income at all, she will receive government benefits totalling $18,000 per year. For every $1 of income she..

Machine cost : If a machine cost $50,000 initially and is expected to last for 20 years but is worth $60,000 after one year because it is in short supply, an economist most likely would say that:

Lorenz curve is that you must transform the shares of income : The trick in graphing a Lorenz curve is that you must transform the shares of income _____________, which are shown in the first column of numbers in the table, into ___________, shown in the ________ column of numbers.

What amount of purchasing department cost : What amount of purchasing department cost

Labor markets that determine peoples wages : With respect to market forces and/or labor markets that determine peoples' wages, which of the following is a true statement?

Actually increases governments budget deficit dramatically : Suppose a fiscal stimulus package that called for a large increase in government spending actually increases governments’ budget deficit dramatically

Key features of companys corporate governance framework : Identify at least three key features of your selected company's corporate governance framework and how it positions the firm to engage with stakeholders on local and international levels.

Phase out its antipoverty program support payments : A government has decided to phase out its antipoverty program support payments more slowly to help the near-poor become self-sufficient. One criticism about this policy is likely to be

An appropriate choice : Identify a cost driver and explain why it is an appropriate choice.

User Account

All Pages