Suppose a drop in the compensating wage differential between risky jobs and safe jobs has been observed. Two explanations have been put forward: • Engineering advances have made it less costly to create a safe working environment. • The phenomenal success of a new reality show Die on the Job! has imbued millions of viewers with a romantic perception of work-related fatal risks. Using demand and supply diagrams of risky jobs, show how each of the two developments can explain the drop in the compensating wage differential. Can information on the number of workers employed in the risky occupation help determine which explanation is more plausible?
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phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
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Suppose a drop in the compensating wage differential between risky jobs and safe jobs has been obser...
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