Multiple Choice
Which of the following statements about wage setting is true?
A) most workers in the U.S. have their wages set by formal contracts.
B) formal contracts play a more important role in Japan and Western Europe than in the United States.
C) the minimum wage in the U.S. is about 75% of the average wage.
D) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
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