Log out Go to App
Go to App

Learning Materials

Features

Discover

Chapter 16: Problem 21

Which statement about production workers is true? (LO6) a) They earn more in the United States than anywhere else in the world. b) They earn more in the United States than almost anywhere else in the world. c) They earn about the same in the United States as in most other countries. d) They earn less in the United States than in most other countries.

Short Answer

Expert verified
The correct answer is b) They earn more in the United States than almost anywhere else in the world. Production workers in the US typically earn higher wages compared to most other countries due to factors such as higher living standards, advanced technology, and strong labor regulations.

Step by step solution

01

Provide the Correct Answer

The correct answer is: b) They earn more in the United States than almost anywhere else in the world.
02

Explanation of the Correct Answer

Production workers in the United States typically earn higher wages than their counterparts in most other countries due to factors such as higher living standards, advanced technology, and strong labor regulations. While it might not always be the case that they earn the highest wages in the world, on average, production workers in the United States earn more than those in most other countries.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Start your free trial

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

On average, (LO1, 3, 9) a) people with professional degrees earn about twice as much as high school dropouts b) college graduates earn about four times as much as high school graduates c) Most high school dropouts earn less than \(\$ 25,000\) a year d) people with college degrees earn about \(\$ 100,000\) a year

Which statement is true? (LO1,3) a) The primary job market has most of the good jobs. b) The secondary job market has most of the good jobs. c) Neither the primary nor the secondary job market has the best jobs. d) None of the above.

Conservative economists believe the minimum wage law (LO7) a) helps all workers equally b) hurts all workers equally c) hurts teenagers more than other workers d) helps teenagers more than other workers

Statement 1: A college diploma is still a necessary condition for a person moving from the secondary to the primary labor market, but that diploma is no longer a sufficient condition. Statement 2: Professional basketball (especially the National Basketball Association) is an example of a winner-take-all market. (LO1, 3, 9) a) Statement 1 is true and statement 2 is false. b) Statement 2 is true and statement 1 is false. c) Both statements are true. d) Both statements are false.

Which statement is true about incomes in the United States? (LO8, 9) a) Almost everyone earns about the same income. b) Almost everyone is either very rich or very poor. c) There is a wide disparity in income. d) None of the above.
See all solutions

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free