List the productivity factors that may explain the differences in pay between men and women in similar occupations. Do any of these factors arise as a result of cultural or social traditions? If so, describe how changes in social relationships will affect the pay gap over time
Job experience, education, lifetime patterns of work experience, etc. The gap should narrow as the cultural and social barriers to female access to productivity-enhancing experiences are reduced.
Economics
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A current account deficit in a nation's balance of payments accounts implies that
a. imports are equal to exports. b. exports exceed imports. c. expenditures are more than income. d. income is more than expenditures.
Economics
A reduction in the rate of depreciation will cause the discounted present value of expected profits to
A) decrease. B) increase. C) remain unchanged if the real interest rate increases by the same amount. D) none of the above
Economics