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9 September, 19:22

Labor economists have recently begun focusing on a new area referred to as personnel economics. Describe what personnel economics might study. Personnel economics examines all of the following issues except

A. the effects of labor unions on wages.

B. how firms set worker benefits.

C. policies related to pensions.

D. the link between differences among jobs and differences in the way workers are paid.

E. how firms promote workers.

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  1. 9 September, 19:30
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    The correct answer is letter "A": the effects of labor unions on wages.

    Explanation:

    Personnel economics is applying economic and mathematical approaches and econometric and statistical strategies to traditional human resource management issues. Personnel economics deals with employees' employment, compensations, training, and management.
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