According to neuvoo (an online job search network), the average auto mechanic salary in Canada is $55,038 per year or $28.22 per hour; the average elementary school teacher salary in Canada is $42,900 per year or $22 per hour. Statistics Canada reported that (in 2011) 98% of the auto mechanics in Canada vere men, and only 2% were women. On the other hand, 84% of the elementary school teachers in Canada were women, and only 16% were men. Suppose there are 20,000 auto mechanics and 20,000 elementary school teachers. Every teacher is paid he same wage rate, $22/hr; every mechanic is paid $28.22/hr. 1. What is the average (mean) wage rate of all women (across both occupations)? What is the average (mean) wage rate of all men (across both occupations)? What is the gender wage gap?

According to neuvoo (an online job search network), the average auto mechanic salary in Canada is $55,038 per year or $28.22 per hour; the average elementary school teacher salary in Canada is $42,900 per year or $22 per hour. Statistics Canada reported that (in 2011) 98% of the auto mechanics in Canada vere men, and only 2% were women. On the other hand, 84% of the elementary school teachers in Canada were women, and only 16% were men. Suppose there are 20,000 auto mechanics and 20,000 elementary school teachers. Every teacher is paid he same wage rate, $22/hr; every mechanic is paid $28.22/hr. 1. What is the average (mean) wage rate of all women (across both occupations)? What is the average (mean) wage rate of all men (across both occupations)? What is the gender wage gap?

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter18: Income Distribution And Poverty

Section: Chapter Questions

Problem 4QFR

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