Why is Title VII of the Civil Rights Act of 1964 considered the most important federal Equal Employment Opportunity (EEO) law?" O A. Because it prohibits slavery and involuntary servitude B. Because it prohibits discrimination in pay, benefits, or continued employment for employees age 40 and over O C. Because it contains the broadest coverage, prohibitions, and remedies D. Because it is the source of constitutional power from which all subsequent civil rights legislation originates

Why is Title VII of the Civil Rights Act of 1964 considered the most important federal Equal Employment Opportunity (EEO) law?" O A. Because it prohibits slavery and involuntary servitude B. Because it prohibits discrimination in pay, benefits, or continued employment for employees age 40 and over O C. Because it contains the broadest coverage, prohibitions, and remedies D. Because it is the source of constitutional power from which all subsequent civil rights legislation originates

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Quantity Wage Rate Supplied 1 2 3 4 5 $5 10 15 20 S5855 25 Refer to the given supply information facing a single firm in a particular labor market. This labor supply curve demonstrates that Multiple Choice O the firm is selling its output under imperfectly competitive conditions. the firm is selling its output under purely competitive conditions. higher wage rates must be paid to successive workers to overcome their higher opportunity costs. the firm is hiring labor under purely competitive conditions.
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How can you explain in simple terms the rising wage inequality between the skilled and unskilled labor in the Stolper-Samuelson Theorem. I
When talking about compensating wage differentials and the market for risky jobs, we assume that the marginal utility of risk is O positive O negative O zero
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.
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.
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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.
1-Let’s re-apply Figure 5.3 to illustrate the market for risky jobs. An innovation reduces the cost of making a job safe. What happens to reservation wages on each side of the market? Does the innovation increase or decrease the demand for labor on risky jobs? Does the innovation raise or lower the wage premium associated with risky work?
Refer to the diagram. An industrial union could maximize employment by negotiating a wage rate of
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