5 However desirable they might be from an equity viewpoint, programs designed to reduce wage differentials will
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5 "However desirable they might be from an equity viewpoint, programs designed to reduce wage differentials will necessarily reduce the incentive of people to act efficiently and use their productive abilities in those areas where demand is greatest relative to supply." Do you agree or disagree? Why?
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Related Book For 
Essentials Of Economics
ISBN: 396414
2nd Edition
Authors: James D Gwartney; Richard Stroup; J R Clark
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