A worker's "real" wage is related to:
A) her productivity in the workplace.
B) the value of her production to her employer.
C) the nation's absolute advantage in production of that product.
D) her productivity in the workplace, the value of her production to her employer, and the nation's absolute advantage in production of that product.

Question

Quizplus · Accepted Answer

A worker's "real" wage is influenced by multiple factors including her productivity in the workplace, the value of her production to her employer, and broader economic factors such as the nation's absolute advantage in production of that product. These elements together impact the wage levels that employers are willing to pay and that are sustainable within the context of the economy and the specific industry.

A Worker's "Real" Wage Is Related To