Sample of Reading Quizzes
Questions1. True or False: The statistical categories used to study labor have always been the same.
2. True or False: Most economists now prefer occupational categories based on education and skill.
3. True or False: In America, the free markets alone determine wage rates.
4. The price of your labor is called your ____
5. Determining wages through the laws of supply and demand is known as the ___
4. wage rate.
5. market theory of wage determination.