Question 5Which factor is NOT mentioned as a determinant of salary levels in Chapter 7?Behavioral…

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➤ Why might technological advancements be excluded from Chapter 7?
Authors often focus on core drivers like institutional rules, market forces, and behavioral drivers. Technological change can act as a cross-cutting modifier that alters productivity and skill requirements, so the chapter may fold technology into those categories rather than list it as an independent determinant of pay structures.

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