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What is the union wage premium? It refers to the fact that unionized workers, in general, receive a higher wage than non-unionized workers w controlling

What is the "union wage premium"? It refers to the fact that unionized workers, in general, receive a higher wage than non-unionized workers w controlling for other variables O It refers to the highest amount that workers can be paid before their wage compromises productivity It refers to the money that unionized workers must pay to the union, informally known as "dues" OO It refers to the higher prices consumers must pay for products made by union labour

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