12. What is meant by the terms investment in human capital and compensating wage differences? Use these

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12. What is meant by the terms “investment in human capital” and “compensating wage differences”?

Use these concepts to explain wage differentials. LO6

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Essentials Of Economics

ISBN: 9780073511313

2nd Edition

Authors: Stanley L. Brue, Campbell R. McConnell, Sean M. Flynn

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