In Empirical Analyses of Factors That Help Explain Wages

Multiple Choice

In empirical analyses of factors that help explain wages,

A) effort and ability are not likely to contribute to large differences in wages in the U.S. economy.
B) economists typically find that measurable factors explain less than half of the variation in wages.
C) economists typically find few factors that are not explicitly measurable.
D) unmeasurable influences on wage differences are found to be quite small.