Microeconomics Ch 19

Card Set Information

Author:
fillup
ID:
140255
Filename:
Microeconomics Ch 19
Updated:
2012-03-07 10:48:05
Tags:
Microeconomics 19
Folders:

Description:
Microeconomics Ch 19
Show Answers:

Home > Flashcards > Print Preview

The flashcards below were created by user fillup on FreezingBlue Flashcards. What would you like to do?


  1. Compensating differential
    A difference inwages that arises to offset the nonmonetary characteristics of different jobs
  2. Human capital
    The accumilation of investments in people, such as education and on-the-job training.
  3. Union
    A worker association that bargains with employers over wages and working conditions.
  4. Strike
    The organized withdrawal of labor from a firm by a union.
  5. Efficiency wages
    Above-equilibrium wages paid by firms to increase worker productivity.
  6. Discrimination
    The offering of different opportunities to similar individuals who differ only by race, ethnic group, sex, age, or other personal characteristics.

What would you like to do?

Home > Flashcards > Print Preview