Which of the Following Is True of Market Wage Rates

question 46

Multiple Choice

Which of the following is true of market wage rates?

• A) They remain the same across various regions in a country.
• B) They change according to the demand and supply of labor.
• C) They remain consistent over time.
• D) They are uninfluenced by the local unemployment rates.
• E) They are independent of the different levels of competitiveness for talent.

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