Wage differentials due to cross- worker differences in human capital
A) are not justifiable on efficiency grounds.
B) are an example of economic distortions due to monopoly power.
C) are not an important source of observed wage differentials.
D) will persist in competitive equilibrium.
E) are only due to distortions in labour markets.
Correct Answer:
Verified
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Q26: The average union wage premium in Canada
Q27: Unions currently represent employed workers in Canada.
A)
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