Which statement is false?
A) Differences in wage rates are partially explained by differences in productivity.
B) In general, when output per labor-hour increases, real wages rise by a larger percentage.
C) The demand for labor in a particular market is the sum of all the firms' MRP curves.
D) If you are earning $20,000 a year today and you were to earn $40,000 a year 10 years from now, your money wages have increased.
Correct Answer:
Verified
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