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a) With reference to the Theory of Efficient Wages, determine FOUR reasons why Google and Facebook are paying higher wages. (12 marks) B) Evaluate what

a) With reference to the Theory of Efficient Wages, determine FOUR reasons why Google and Facebook are paying higher wages. (12 marks)

B) Evaluate what net capital outflow (NCO) measures and justify why NCO and net exports (NX) are always equal.

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Continued ... QUESTION ? (a) A news in brief is read as follows. Top 50 companies with the best pay packages- according to employees Google and Facebook have both consistently dominated the annual list, taking over the Nos. 1 and 2 spots, respectively, since 2018. Runner-up Facebook garnered 83% positive reviews and an A+ rating Pay ranges from $40,000 to $308,913. Jobs with the highest estimated salaries include VP of sales, group product manager and principal engineer. Source: Args Wwwww heamagcom/shrews generaltop-50-compares-wim-the-bess-pay-packages- according-to ropiquees 130145 With reference to the Theory of Efficient Wages, determine FOUR reasons why Google and Facebook are paying higher wages. (12 marks) (b) Evaluate what net capital outflow (NCO) measures and justify why NCO and net exports (NX) are always equal. (13 marks) (Total: 25 marks)

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