The trade-off of a two-tier wage contract is saving jobs at the expens
QUESTION
The trade-off of a two-tier wage contract is saving jobs at the expense of higher pay.
Indicate whether the statement is true or false.
ANSWER
Answer: TRUE
Explanation: A two-tier wage contract is a contract in which new employees are paid less or receive lesser benefits than veteran employees. The trade-off, of course, is saving jobs at the expense of higher pay.
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