What is the difference between a wage and a salary? A. A wage is generally a specific amount of money per hour paid to a worker. A salary is a flat rate an employer pays for an individual’s work over the course of a longer period of time. B. A wage is a flat rate an employer pays for an individual’s work over the course of a longer period of time. A salary is generally a specific amount of money per hour paid to a worker. C. A wage is time worked in excess of normal working hours. A salary is a flat rate an employer pays for an individual’s work over the course of a longer period of time. D. A wage is generally a specific amount of money per hour paid to a worker. A salary is time worked in excess of normal working hours
What is the difference between a wage and a salary? A. A wage is generally a specific amount of money per hour paid to a worker. A salary is a flat rate an employer pays for an individual’s work over the course of a longer period of time. B. A wage is a flat rate an employer pays for an individual’s work over the course of a longer period of time. A salary is generally a specific amount of money per hour paid to a worker. C. A wage is time worked in excess of normal working hours. A salary is a flat rate an employer pays for an individual’s work over the course of a longer period of time. D. A wage is generally a specific amount of money per hour paid to a worker. A salary is time worked in excess of normal working hours
Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: The Markets For The Factor Of Production
Section: Chapter Questions
Problem 7PA
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What is the difference between a wage and a salary?
A. A wage is generally a specific amount of money per hour paid to a worker. A salary is a flat rate an employer pays for an individual’s work over the course of a longer period of time.
B. A wage is a flat rate an employer pays for an individual’s work over the course of a longer period of time. A salary is generally a specific amount of money per hour paid to a worker.
C. A wage is time worked in excess of normal working hours. A salary is a flat rate an employer pays for an individual’s work over the course of a longer period of time.
D. A wage is generally a specific amount of money per hour paid to a worker. A salary is time worked in excess of normal working hours.
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