U.S. workers will be attracted to otherwise undesirable work as long as

Question

Quizplus · Accepted Answer

The compensating wage differential refers to the additional pay that workers demand in order to accept a job with unpleasant or undesirable characteristics. As long as this additional pay is high enough, U.S. workers will be willing to take on such work. This is based on the principle of economic rationality, which assumes that individuals make decisions based on their own self-interest.

US Workers Will Be Attracted to Otherwise Undesirable Work as Long