Discuss the creation of a compensating wage differential


Problem

Building the oil pipeline across Alaska required the use of many construction workers recruited from the continental United States who lived in dormitories and worked in an inhospitable climate. Discuss the creation of a compensating wage differential for these jobs using ordinary supply and demand concepts.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Discuss the creation of a compensating wage differential
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