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Answer each of the following questions in full sentences. Use a graph if it helps with your explanation.
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Explanation & Answer
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Questions on economics
1. Omitted skill variable and its relationship to wage discrimination. Is it or not
important
Omitted skill variable majorly refers to a particular expression of bias especially in
determining the wages people in their work due to a notion of lack of or possession of
little abilities on such fields. It is important because quality work should be worth
quality payment but in a case where the skills are low then people should be paid
acc...