A Simple Income-Leisure Model Might Predict That Salaried Workers Would

A simple income-leisure model might predict that salaried workers would work fewer hours than hourly workers.In fact the opposite seems to be true,in part because:

A) raises and promotions are "won" on the basis of productivity rankings
B) firms typically offer raises and promotions solely on the basis of seniority
C) of the principle-agent problem
D) salaried work is an example of a deferred compensation scheme

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