Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

About what proportion of the variation of wages across workers is explained by factors that can be
measured? What are the other factors that explain wage differences but are difficult to measure?

Sagot :

MrMeep123

Explanation:

Easy Measuring of the wages could be from data collected such as from the International Labour Organization. They compare wages from state-to-state, country-to-country and from men-to-women in the workplace.

Hard factors explaining wage differences come from classical economic theory (standard) and labour market imperfections due to varying circumstances from country to country. This is largely due to the differing economic standards and regulations that are ran by different countries

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.