The compensating wage differential shows a labor supply curve for a risky occupation located of the labor supply curve for a less risky occupation. If the differential is too low, a
would prevail in the risky occupation.
a. Left; surplus
b. Right; surplus
c. Left; shortage
d. Right; shortage
e. Left; price ceiling

All of the following statements point out negative aspects of the gilded age except: a. politicians gave government jobs to political supporters. b. political bosses cheated large cities out of millions of dollars. c. industrialists bribed members of congress to ensure favorable votes. d. in 1903, wisconsin became the first state to hold primary elections.