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Labor Economics. Answer check. Thank you! 1. Assume that a labor market has two types of jobs: work in retail or work in a coal
Labor Economics. Answer check. Thank you!
1. Assume that a labor market has two types of jobs: work in retail or work in a coal mine. Discuss how the nonwage attributes of these two jobs will affect the wage differentials of employees working these two industries. Discuss the impact of a government policy mandating that all workers in this town get paid the same. Discuss how increasing safety requirements for an industry affects the wage premium. Use graphs to explain your reasonings behind your answers when neededStep by Step Solution
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