Vickie Nguyen Assignment #4 Ch. 22 #4,6,8,15 (pp.510-511) 4. a) The implications of rapidly rising health care costs have affected the growth of real wage rate greatly. Gains in workers’ total compensation generally match gains in productivity. When health care costs rise more rapidly than productivity, firms wanting to maintain the existing level of health care benefits for their workers must reduce the growth of the wage portion of the total compensation package. In the long run, workers bear…
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