If men, on average, earn 20 percent more than women in a particular occupation,
a. this is clear evidence of discrimination
b. some of this differential could be due to differences in human capital
c. most but not all of the differential is due to discrimination
d. comparable worth laws must not be in effect
e. men must have higher skills levels than women
B
You might also like to view...
When the production of a good creates an external cost, to achieve the efficient quantity governments can set taxes (T) such that ________
A) MSC = MC + T B) MC = MSC + T C) T = MC + MSC D) MSC = MC - T
If the trade line that passes through the production point on the PPC has a slope that is shallower than the slope of the PPC at the same point, then
A) the country can get greater gains from trade if it moves production away from the vertical axis. B) the country can get greater gains from trade if it moves production toward the vertical axis. C) the country cannot improve on its gains from trade. D) There are no gains from trade in this example. E) There is not enough information to tell how it can improve its gains from trade.
The Brander-Spencer model identified market failure in certain industries due to
A) unfair competition. B) wildcat destructive competition. C) environmental negative externalities associated with pollution. D) limited competition. E) lack of excess returns.
If a monopolistically competitive firm is producing 450 units of output and at this output level, the price is $15 and the average total cost is $12, the firm profit/loss is equal to ________.
A) -$1,525 B) $1,350 C) -$1,350 D) $1,525