A hedonic wage function could be applied to which of the following job characteristics?
A. the degree to which the area surrounding the job location is safe
B. the degree to which a job involves monotonous work
C. the probability of being injured on the job
D. the degree to which a job involves strenuous work
E. All of the above can be represented with a hedonic wage function.
Answer: E
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Gresham's Law
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