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Which of the following statements are true false 1 Fair wage...

This question belongs to Management Labour And Social Welfare
Labour and Social Welfare
?

Which of the following statements are true/false?
1. Fair wage is above the minimum wage but below the living wage.
2. Living wage is the highest amount of wage proposed by the government.
3. Different states have fixed different minimum wages based on the skill set of the employees.
4. Fair wage works on the formula Equal Pay for Equal work.

Answer & Solution
Correct Answer: Option B
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