Education is related to income, in general. O True O False

4.15 please help and explain

What role might discrimination play in accounting for income inequality? Draw a curve that shows what happens if this group of workers is discriminated against. Label it. Draw a point to indicate the new equilibrium wage rate and employment level. Choose the correct statement. O A. Discrimination causes the wage differences between white men and white women. O B. Wage differences between different groups as a result of discrimination can act as an incentive to encourage people who are prejudiced to buy from the people against whom they are prejudiced. O C. Discrimination causes the wage differences between black men and white men. O D. Economists agree that prejudice causes all wage differentials between different groups of people. 80- 70- 60- 50 40- 30- 20- 10- Wage rate (thousands of dollars per year) 40 0+ 0.0 $2.0 2.0 Workers (thousands) >>> Draw only the objects specified in the question. 1.0 S 3.0 VMP Q 4.0

A basic finding of labor economics is that workerswho have more experience in the labor force arepaid more than workers who have less experience(holding constant the amount of formal education).Why might this be so? Some studies have also foundthat experience at the same job (called job tenure) hasan extra positive influence on wages. Explain whythis might occur