10. Identical wages Which of the following is required for all workers to earn identical wages in the long run? Check all that apply. All jobs require the performance of similar types of tasks. All workers must have a bachelor's degree. Workers can move from one labor market to another at zero cost. Other than the amount they pay, all jobs are considered equally attractive to all workers.

Economics:
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ISBN:9781285859460
Author:BOYES, William
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Chapter30: The Labor Market
Section: Chapter Questions
Problem 14E
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Which of the following is required for all workers to earn identical wages in the long run? Check all that apply.

10. Identical wages
Which of the following is required for all workers to earn identical wages in the long run? Check all that apply.
All jobs require the performance of similar types of tasks.
All workers must have a bachelor's degree.
Workers can move from one labor market to another at zero cost.
Other than the amount they pay, all jobs are considered equally attractive to all workers.
Transcribed Image Text:10. Identical wages Which of the following is required for all workers to earn identical wages in the long run? Check all that apply. All jobs require the performance of similar types of tasks. All workers must have a bachelor's degree. Workers can move from one labor market to another at zero cost. Other than the amount they pay, all jobs are considered equally attractive to all workers.
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