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SebKom SebKom
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6 years ago
The wages paid by two careers, X and Y, have the same present value. Which of the following increase the likelihood that career X will pay more in wages over time (summed over the lifetime without discounting)?
A) Career X has an earlier retirement age.
B) Career X pays a much steadier wage.
C) Career X has fewer hours of work per year.
D) Career X pays the majority of its wages at a later age.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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MattVMattV
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6 years ago
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