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The Term "Compensating Differential" Refers to

Question 165

Multiple Choice

The term "compensating differential" refers to


A) the fact that workers who do similar work should be paid the same wage.
B) the fact that some workers live further from their jobs than do other workers.
C) a wage difference that is due to unionization of some firms but not others.
D) a wage difference that arises from nonmonetary characteristics of different jobs.

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