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Wages and salaries for professional workers

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Explain why the wages and salaries for professional workers (accountants, doctors, and business managers) and for skilled trades (electricians, plumbers, and carpenters) are higher than wages in the fast-food or service industries. Does skill level necessarily relate to salary or wage levels? What do these responses indicate the key might be to reduce the income gap in the US? Explain.

Reference no: EM131706352

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