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The average 50 year old worker is paid several times more than workers in the teens and 20's. Which of the following options is most likely explanation for this huge difference in wage earnings. Older workers have more human capital and higher MRP's Employers engage in widespread discrimination against younger workers Young people lack information about the existence of the high paying jobs held by older workers Older workers receive compensation differences because they do jobs that are more risky than the jobs done by younger workers

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91838812

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