High-paying jobs are also associated with generous benefits because
A) benefits which cost $100 generally increase utility by more than $100 in cash.
B) high-paid workers can benefit from the tax advantages given to benefits.
C) employers know how to spend money better than their employees.
D) high-paid workers are risk neutral.

Question

Quizplus · Accepted Answer

High-paid workers often benefit from tax advantages on benefits, making them more valuable than equivalent cash compensation.

High-Paying Jobs Are Also Associated with Generous Benefits Because