Certain factors that are probably important in determining wages are nevertheless difficult to measure. Consequently, labor economists find those factors difficult to incorporate into their studies of labor markets and wages. Those factors include
A)effort and natural ability.
B)natural ability and years of experience.
C)years of experience and job characteristics.
D)race and job characteristics.

Question

Quizplus · Accepted Answer

Effort and natural ability are factors that are important in determining wages but are difficult to measure, making them challenging for labor economists to incorporate into their studies.

Certain Factors That Are Probably Important in Determining Wages Are