Explain why the general level of wages is high in the United States and other industrially advanced

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Explain why the general level of wages is high in the United States and other industrially advanced countries. What is the single most important factor underlying the long-run increase in average real-wage rates in the United States?

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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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Question Posted: May 23, 2013 07:46 AM

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Explain why the general level of wages is high in the United States and other industrially advanced

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