Regression analysis indicates that there are job-related characteristics that may explain some, if not all, of the wage gap between men and women, including hours worked, job tenure, career choice, and choice of college major
Briefly discuss the differences between men and women with respect to these four characteristics.
On average, men spend more hours working on days worked than do women. For workers between the ages of 45 and 54, men have a longer median job tenure than women. Women are generally overrepresented in low-paying careers and in college majors that lead to low-paying careers, and underrepresented in higher-paying careers and in college majors that lead to higher-paying careers. For men, it is the opposite in terms of career choice and college major.
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If the government wanted to reduce the quantity of a good traded, it could do so by: a. setting a price ceiling for the good below the equilibrium price. b. setting a price floor for the good above the equilibrium price. c. taxing the good more heavily
d. doing any of the above.
Some economists believe that our best years of economic growth are behind us
a. True b. False Indicate whether the statement is true or false