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Fred explained to his family how the doctor's advice would help prevent cardiovascular disease, but he made a mistake in his explanation. Which of the following statements is false?
Skilled Labors
Workers with specialized training, expertise, and experience that enable them to perform complex tasks.
Compensating Differential
The additional amount of income that an employee requires to accept a job that entails less desirable aspects, such as longer hours or higher risks.
Human Capital
The economic value of a worker's experience and skills, including education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
Unskilled Labor
Labor that requires no specialized skills, education, or training for its performance.
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