The wage or salary paid to workers in jobs is usually determined by the labor market. Businesses are generally willing to pay more productive workers higher wages or salaries than less productive workers.
Standard detail
5.
Benchmark
Depth 1Parent ID: D227DDFE6F064BC2B20DDDCEBB2EF677Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 5.
- List ID
- 5.
- Standard ID
- 19AF4AD1863C495D9B17D7A43E0215EB
- ASN identifier
- S2604520
- Subject
- Financial Literacy
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- D227DDFE6F064BC2B20DDDCEBB2EF677
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US