Other things equal, firms usually prefer their workers to have low quit rates. However, from a social
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Other things equal, firms usually prefer their workers to have low quit rates.
However, from a social perspective, quit rates can be too low. Why do businesses prefer low quit rates, and what are the social disadvantages of having such rates be “too low”?
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One factor inducing quit rates to be low is that the cost of job changing may be high pension losses ...View the full answer
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Related Book For
Modern Labor Economics Theory And Public Policy
ISBN: 9780132540643
11th Edition
Authors: Ronald Ehrenberg, Robert Smith
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