Which of the classical economists was the first to analyze the topic of compensating wage differentials?
A) John Stuart Mill
B) John Maynard Keynes
C) Adam Smith
D) David Ricardo
E) Alfred Marshall

Question

Quizplus · Accepted Answer

Adam Smith was the first classical economist to analyze the topic of compensating wage differentials, discussing how differences in the desirability or risk of different jobs lead to differences in wages to compensate for these factors.

Which of the Classical Economists Was the First to Analyze