Micro 6.3

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What are wage differentials?
The differences in wages arising between individuals, occupations, industries and regions.
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Why may there be a difference in wage between two occupations?
Because one of them is seen to need more skill than the other.
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Other cards in this set

Card 2

Front

Why may there be a difference in wage between two occupations?

Back

Because one of them is seen to need more skill than the other.

Card 3

Front

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Back

Preview of the front of card 3

Card 4

Front

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Back

Preview of the front of card 4

Card 5

Front

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Back

Preview of the front of card 5

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