Skip to main content
Macroeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
Unemployment: Minimum Wage Laws and Efficiency Wages
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Unemployment: Minimum Wage Laws and Efficiency Wages
Download worksheet
Practice
Summary
Previous
10 of 10
12. Unemployment and Inflation / Unemployment: Minimum Wage Laws and Efficiency Wages / Problem 10
Problem 10
How do efficiency wages decrease worker turnover and improve worker quality?
A
By offering lower wages than competitors.
B
By reducing training costs.
C
By increasing the number of working hours.
D
By providing higher wages, reducing the incentive to leave.
AI tutor
0
Show Answer