Why are real wages in the United States higher than in other countries? Is the labor force

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Why are real wages in the United States higher than in other countries? Is the labor force itself responsible for the higher wages of American workers? Explain.

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Economics Private And Public Choice

ISBN: 9780357133996

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 17, 2023 10:00 AM

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Why are real wages in the United States higher than in other countries? Is the labor force

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Real wages in the United States tend to be higher than in many other countries for a combination of economic social and historical reasons However its important to note that real wages can vary signif...View the full answer

Economics Private And Public Choice

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