08 Oct Relative Wages Efficiency Wages & Unemployment Discussion Questions
Relative Wages Efficiency Wages & Unemployment Discussion Questions
Assignment 2 : Read CH 13, 16 & 17 and answer the following essay type questions 15 points out of final grade
1. Discuss the pros and cons of efficiency wages as opposed to deferred compensation as compensation systems to deter shirking and encourage work effort. (20 points)
2. Explain the concept of hidden unemployment, or marginal labour force attachment. Discuss the pros and cons of including the hidden unemployed in our unemployment statistics. (20 points)
3. Explain why some job losers find new jobs relatively quickly at wages similar to those in their previous job, while others take longer to become re-employed and often earn much less in their new job. What policies might be implemented for those who experience large losses from job displacement. (20 points)
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.