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BrendanOO7 BrendanOO7
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7 years ago
The wage curve
A) shows that, with higher regional rates of unemployment, wages for otherwise comparable workers are higher.   
B) is evidence that most national economies have regionally integrated labor markets.
C) may exist because efficiency-wage premiums can be smaller in areas of high unemployment.
D) is evidence that wages are always at equilibrium.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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#1
7 years ago
C
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