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if a job is considered desirable for non-monetary benefits, the supply may be relatively greater compared to other jobs. This enables firms/government to pay relatively
if a job is considered desirable for non-monetary benefits, the supply may be relatively greater compared to other jobs. This enables firms/government to pay relatively lower wages for equivalent skills. For example, many public sector jobs - nursing, teaching have wages lower than equivalent private sector jobs. Is it reasonable for public sector jobs to have a lower wage because of perceived non-monetary benefits?
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