Which statement is true? a) Differences in wage rates are explained entirely by differences in productivity. b)

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Which statement is true?

a) Differences in wage rates are explained entirely by differences in productivity.

b) Differences in wage rates are explained entirely by differences in education and training.

c) Differences in wage rates are explained entirely by whom you know (rather than what you know).

d) None of the above.

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Related Book For  answer-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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