Calculate compensation of employees given:- Wages in cash = $33,000 Wages in kind = $11,000 Employers contribution to social security schemes = $5000

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter33: Income, Income Distribution, And Poverty
Section: Chapter Questions
Problem 11E: What is the difference between in-kind and cash transfers? Winch might increase the utility of the...
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Calculate compensation of employees given:-

Wages in cash = $33,000

Wages in kind = $11,000

Employers contribution to social security schemes = $5000

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