ECON 315

Western Governors University

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Econ 315 Exam 1 Questions And Answers With Verified Solutions 2023
  • Econ 315 Exam 1 Questions And Answers With Verified Solutions 2023

  • Exam (elaborations) • 5 pages • 2023
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  • Econ 315 Exam 1 Questions And Answers With Verified Solutions 2023 What are pecuniary factors? Factors related to money and compensation that influence workers decisions to take a job or not What are nonpecuniary factors? Factors not related to money that influence workers decisions to take a job or not Locations, commute time, growth opportunities, etc What is positive economics and what are the two assumptions? Positive economics can be tested "what is" economics" Assumption 1: ...
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