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When Economists Study Wages, They Relate a Worker's Wage to Those

Question 153

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When economists study wages, they relate a worker's wage to those variables that are most subject to measurement. Which of the following are most likely to be omitted variables?


A) years of schooling, age and years of experience
B) ability, effort and chance
C) job characteristics, gender and race
D) gender, race and geographic location

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