Which of the following is true about economic discrimination?O A. Economic discrimination is illegal, but it is possible that employers ignore the law.O B. Economic discrimination is both legal and many employers engage in it.OC. Economic discrimination is illegal and, therefore, impossible.O D. Economic discrimination is legal, but few if any employers actually engage in it.Most economists believe that only part of the gap between the wages of white males and the wages of other groups isdue to discrimination. Economists believe that some of the gap is explained by which of the following factors?O A. differing preferences for types of jobsO B. differences in educationOC. differences in experienceD. All of the above.Which of the following is part of the economic analysis of discrimination?O A. Employers who discriminate pay an economic penalty because very few workers are willing to work for anemployer who discriminates.B. Employers who discriminate receive an economic reward from retaining only the most productive workers.OC. Market competition has entirely eliminated economic discrimination in the United States.D. Employers who discriminate pay an economic penalty imposed by market competition.

egal scrimination is illegal and, therefore, impossible. scrimination is legal, but few if any employers actually engage in it. dlieve that only part of the gap between the wages of white males and the wages of other g n. Economists believe that some of the gap is explained by which of the following factors? ferences for types of jobs n education n experience

egal scrimination is illegal and, therefore, impossible. scrimination is legal, but few if any employers actually engage in it. dlieve that only part of the gap between the wages of white males and the wages of other g n. Economists believe that some of the gap is explained by which of the following factors? ferences for types of jobs n education n experience

Principles of Microeconomics (MindTap Course List)

8th Edition

ISBN:9781305971493

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: Earnings And Discrimination

Section: Chapter Questions

Problem 8PA

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Similar questions

Does the earnings gap between the average wages of females and the average wages of males prove labor market discrimination? Why or why not?
Does a gap between the average earnings of men and women, or between whites and blacks, prove that employers are discriminating in the labor market? Explain briefly.
Table 14.11 shows levels of employment (Labor), the marginal product at each of those levels, and a monopolys marginal revenue. What is the monopolys marginal revenue product at each level of employment? If the monopoly operates in a perfectly competitive labor market where the going market wage is 20, what is the films profit maximizing level of employment?
Will a free market tend to encourage or discourage discrimination? Explain briefly.
What is die price commonly called in the labor market?
Table 14.10 shows levels of employment (Labor), the marginal product at each of those levels, and the price at which the film can sell output in the perfectly competitive market where it operates. What is the value of the marginal product at each level of labor? If the firm operates in a perfectly competitive labor market where the going market wage is 12, what is the films profit maximizing level of employment?
Most economists believe that only part of the gap between the wages of white males and the wages of other groups is due to discrimination. Economists believe that some of the gap is explained by which of the following factors? O A. differing preferences for types of jobs B. differences in education C. differences in experience O D. All of the above. Which of the following is part of the economic analysis of discrimination? O A. Employers who discriminate pay an economic penalty because very few workers are willing to work for an employer who discriminates. O B. Employers who discriminate receive an economic reward from retaining only the most productive workers. C. Market competition has entirely eliminated economic discrimination in the United States. D. Employers who discriminate pay an economic penalty imposed by market competition.
Which of the following is part of the economic analysis of discrimination? O A. Employers who discriminate pay an economic penalty because very few workers are willing to work for an employer who discriminates. O B. Employers who discriminate receive an economic reward from retaining only the most productive workers. OC. Market competition has entirely eliminated economic discrimination in the United States. O D. Employers who discriminate pay an economic penalty imposed by market competition.
Attributing the gender wage gap to ongoing discrimination by employers will likely be incorrect because O a. some of the wage gap is explained by efficiency wages. b. differences in years of work experience likely lead to productivity differences between men and women. O c. compensating differentials usually lead to higher wages for women. Od. All of the above are correct.
45. Consider the following two statements: (1) According to the Blinder-Oaxaca decomposition of the wage gap between two groups of workers, differences in rewards for characteristics are considered to be evidence of discrimination. (2) Correspondence studies will never underestimate the extent of discrimination. What can you say about these two statements? O a. Both statements are incorrect. O b. Statement (2) is correct, statement (1) is incorrect. O c. Statement (1) is correct, statement (2) is incorrect. O d. Both statements are correct. Time left 0:30:14 4 8. All of the following can be deemed as a tradeoff between equity and efficiency except O a. unemployment compensation programs. O b. students working individually on a project except collective group work. Oc. disability programs. Od. welfare programs.
Giving each firm that hires one or more welfare workers a payment of $1.000 per year, irrespective of the number it hires, is likely to be O A. successful because firms hire workers such that the marginal revenue product of labor equals the marginal cost of labor, and this approach reduces the marginal cost of labor by $1,000 per worker, increasing employment O B. successful at increasing employment by one additional worker because firms hire workers such that the marginal revenue product of labor equals the marginal cost of labor, and this approach reduces the marginal cost of labor by $1,000 for the first worker hired. O C. unsuccessful at increasing employment because firms hire workers such that the marginal revenue product of labor equals the marginal cost of labor, and this approach does not affect the marginal cost of labor. O D. successful because firms hire workers such that the marginal revenue product of labor equals the marginal cost of labor, and this approach reduces the…
The demand and supply of labour are estimated by W = 28 - 0.001LD and W = 16 + 0.0005LS, where W is the hourly wage rate and L is labour. If the government gives a payroll subsidy of $3 per hour to the employer, the new wage rate employers pay would be: O A. $21 O B. $18 O C. $17 D. $23