Thursday, 19 December 2013

Many individuals feel that they have little influence over the wage rate they receive, and that employers decide unilaterally what wage they will pay. How do you square this fact with the model of wage determination?

part 1 Many individuals feel that they have little influence over the wage rate they receive, and that employers decide unilaterally what wage they will pay. How do you square this fact with the model of wage determination?
part 2 What are the pros and cons of sending jobs overseas? What, and who, makes this such a "hot" topic in the news media?
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