Krugman's Economics For The Ap® Course
Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
Question
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Chapter 73, Problem 1MCQ
To determine

The group of country U’s workers which had the lowest median earnings in 2018.

Expert Solution & Answer
Check Mark

Answer to Problem 1MCQ

From the available options, the correct option is Hispanic (males and females).

Explanation of Solution

Hispanic (males and females) is the group of workers in the United States that earns less than other ethnic groups because this group involves a lower median of usual weekly earnings of wage and salary in 2018 as compared to other categories. As, in 2018, the earnings of Hispanics including males and females was $680, for African Americans, it was $694, and for Whites, it was $916. The median earnings of White (Females) were $817, for White (Males), it was $1,002, African (Males) earned $735, Black (Female) was $654, and Hispanics (Female) was $617 which means women from all females from all ethnicity groups, White males, African American males, and females did not have low earnings than the Hispanic group.

Therefore, the group of Hispanics (males and females) earned less than other ethnic groups in 2018. Here, the correct option is d.

Economics Concept Introduction

Introduction: The group of country U’s workers involves different categories of workers based on race. In 2018, different categories of groups of workers have different unemployment rates and earnings which vary across race and ethnicity groups in the country U.

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