Which of the following variables related to a worker's wage are the most difficult to measure?
A)ability, effort, and chance
B)job characteristics, gender, and race
C)gender, race, and geographic location
D)years of schooling, age, and years of experience

Question

Quizplus · Accepted Answer

Ability, effort, and chance are subjective factors that are difficult to quantify and measure accurately. Job characteristics, gender, race, geographic location, years of schooling, age, and years of experience are all factors that can be measured more objectively. However, ability, effort, and chance are highly influential in determining a worker's wage and can have a major impact on their earning potential.

Which of the Following Variables Related to a Worker's Wage