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Nelson EducationHigher EducationPrinciples of Microeconomics, Fourth Canadian EditionStudent Resources | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Chapter 19. Earnings and Discrimination
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Ccompensating differentiala difference in wages that arises to offset the nonmonetary characteristics of different jobs
Ddiscriminationthe offering of different opportunities to similar individuals who differ only by race, ethnic, group, sex, age or other personal characteristics
Eefficiency wagesabove-equilibrium wages paid by firms in order to increase worker productivity
Hhuman capitalthe accumulation of investments in people such as education and on-the-job training
Sstrikethe organized withdrawal of labour from a firm by a union
Uuniona worker association that bargains with employers over wages and working conditions
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