Answer to Question #62910 in Macroeconomics for Adam

Question #62910
Efficiency wages ... (multiple answers could be correct)
(a) are irrelevant for low skilled workers.
(b) are higher than market clearing wage.
(c) do not cause unemployment.
(d) are sometimes paid by employers to reduce shirking or turnover costs.
1
Expert's answer
2016-10-28T06:59:08-0400
b, d.

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