Question: Which statement is correct? A . Compensation floors and ceilings lead to more flexibility in the labor market. B . Compensation ceilings allow employers to
Which statement is correct?
A Compensation floors and ceilings lead to more flexibility in the labor market.
B Compensation ceilings allow employers to better meet the preferences of the local labor force.
C Compensation floors allow employers to better meet the preferences of the local labor force.
D Compensation floors and ceilings induce firms to choose less efficient compensation policies than they would otherwise choose.
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