Review from Quiz 3 and 4

Which of the following is NOT an explanation for increased wage inequality (1970s-2008), according to Kalleberg (2011)?

• Occupational Wage Inequality

• Skill-biased Technical Change

• Decline in Earnings Mobility

• Cultural Shifts

From the 1970s-2009, which of the following groups saw the largest decline in wages?

• low earning women

• middle earning women

• middle-low earning men

Social media influencing is a form of ________.

• Automation

• Advertisement

• Entertainment

The "social wage" would take into account:

• earnings and networking opportunity

• Earnings and Benefits

• earnings and occupational prestige

The psychological contract between employers and employees exchanges job security for loyalty.

• True

• False

From the 1970s-2009, which group saw the largest increase in wages?

• high earners

• low earners

• middle earners

Which of these contracts was severed due to the growth of market-mediated employment relationships?

• social contract

• market contract

• labor contract

The growth of market-mediated employment relationships is characterized by: (CHOOSE ALL THAT APPLY)

• weak labor market standards and regulations

• free market forces and competition

• individualization

• All of these apply

From 1970-2009, wages for men and women within earning percentiles ______.

• diverged

• converged

Market-mediated employment relationships are also referred to as _________.

• "adjusted"

• "closed"

• "open"