Most economists believe that the higher average salaries earned by men in comparison to women arise from
a. discrimination.
b. a variety of factors, including differences in human capital and compensating differentials; few economists believe that gender discrimination in earnings exists.
c. differences in human capital as the primary reason.
d. a variety of factors, including differences in human capital, compensating differentials, and discrimination.
d
You might also like to view...
Which one of the following policies would not reduce water use?
a. Full marginal-cost pricing b. Microirrigation technology c. Reusing wastewater for industrial uses d. Subsidizing irrigation systems e. Removing water subsidies
The company that manufactures Screaming Chocolate Zonkers breakfast cereal finds that its sales collapse, it is forced into bankruptcy, and it defaults on its bonds, as a result of information on the filthy conditions in its factory, which had long
been known to management, leaking out to the general public. This incident is best thought of as an example of A) symmetric information in the financial markets. B) asymmetric information in the financial markets. C) moral hazard in the financial markets. D) the generally poor state of sanitation in the food-processing industry in the United States.