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Question 1. Over the past decade, which factor has had the least influence on rates of pay provided to USA workers? 
       1. minimum wage
       2. foreign competition
       3. deregulation
       4. leveraged buyouts and takeovers

 

Question 2 In a famous study analyzing the wage rates of truck drivers in Boston in 1953, John Dunlop noted that the wages were arranged
       1. in wage grades 
       2. in a wage classification
       3. on a wage scale
       4. on wage contours

 

Question 3. The average cost of benefits as a percentage of wages and salaries ranges between (Points : 1)
       20-25%
       25-30%
       30-35%
       35-40%

 

Question 4 An employer with which one of the following characteristics would most likely pay an employee an above-average rate of pay? 
       1. small in size
       2. unionized
       3. labor intensive
       4. rural location in southern USA

 

Question 5. Payments provided for overtime work, working on weekends and holidays, and working second and third shifts are included with 

       1. base wage and salaries
       2. wage and salary add-ons
       3. incentive payments
       4. benefits and services

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