ECON 315
Western Governors University
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Econ 315 Exam 1 Questions And Answers With Verified Solutions 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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