Microeconomics
13th Edition
ISBN: 9781337617406
Author: Roger A. Arnold
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 15, Problem 10QP
(a)
To determine
Define in-kind transfer payment.
(b)
To determine
Define Lorenz curve.
(c)
To determine
Define wage discrimination.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Compare and contrast inequality and discrimination.
Explain the feminization of poverty?
What difficulties arise in deciding whether a group of workers has a lower wage because of discrimination?
Knowledge Booster
Similar questions
- If it is not profitable to discriminate, why does discrimination persist?arrow_forwardWhat factors can explain the relatively small effect of low-skilled immigration on the wages of low-skilled workers?arrow_forwardWhat policies, when used together with antidiscrimination laws, might help to reduce the earnings gap between men and women or between white and black workers?arrow_forward
- Does the earnings gap between the average wages of females and the average wages of males prove labor market discrimination? Why or why not?arrow_forwardWhat factors contribute to wage inequality in the labor market?arrow_forwardWhat is a factor where a portion of a wage gap may not be the result of discrimination? Explain why this factor is not a discriminatory practice.arrow_forward
- Describe how the concepts of poverty, inequality, and discrimination are interrelated. Cite a concrete example.arrow_forwardWhat do you understand by discrimination? Discuss the different types of discrimination. Also explain the utilitarian, justice-based and right-based arguments against discrimination. A - B Iarrow_forwardIf it is not profitable to discriminate, why does discrimination persist? If a country had perfect income equality what would the Lorenz curve look like? Offer one reason why income inequality might increase productivity and efficiency in an economy. Offer one reason why income inequality might reduce productivity and efficiency in an economy. Explain your answers. In country A, the population is 300 million and 50 million people are living below the poverty line. What is the poverty rate?arrow_forward
- Give at least one (1) determinant of poverty and explain in detailarrow_forwardThe U.S. Bureau of the Census reported that, on average, white men earn $50, 945, whereas white women earn $31,008. Economic discrimination explains at least some of this wage gap, but economists think that there are other factors that also contibute to wage gaps. Which factor is not an explanation offered by economists for these types of wage gaps? Various groups in the population graduate from college at varying rates. Differences in earnings can be explained in part by differences in educational attainment. Men and women take different types of jobs. Men are more likely to prioritze jobs with higher wages, and women are more likely to prioritize jobs with other desirable characteristics. On average, men and women have different amounts of experience in their jobs. Ceteris paribus, men are less likely to temporarily leave the workforce and, therefore, have more experience than women. There are innate differences between men and women that make men more productive than women. Because…arrow_forwardHow significant the relationship of migrant workers and income inequality?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Economics (MindTap Course List)EconomicsISBN:9781337617383Author:Roger A. ArnoldPublisher:Cengage Learning
Principles of Economics 2eEconomicsISBN:9781947172364Author:Steven A. Greenlaw; David ShapiroPublisher:OpenStax
Economics (MindTap Course List)
Economics
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Cengage Learning
Principles of Economics 2e
Economics
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:OpenStax