Economics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN: 9781305506725
Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher: Cengage Learning
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Chapter ST8, Problem 1CQ
To determine

Reason for earning difference between men and women.

Expert Solution & Answer
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Explanation of Solution

The earnings of women are lower when comparing it with the earnings of men. Employment discrimination refers to the discrimination on the basis of age, sex, religion, or nationality. Even though the age, marital status, schooling years, or nationality are similar to both men and women, the employment discrimination still exists. Marital status is one of the important factors, which creates difference in earnings. This is because earnings gap will be reduced if not married than married ones. In addition to these factors, the educational choice and career goals are also cause difference in earnings of men and women.

Economics Concept Introduction

Employment discrimination: Employment discrimination refers to the discrimination in jobs on the basis of age, sex, religion, or nationality.

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Discuss the preferred deterrent method employed by the Zambian government to combat tax evasion, monetary fines. As noted in the reading the potential penalty for corporate tax evasion is a fine of 52.5% of the amount evaded plus interest assessed at 5% annually along with a possibility of jail time. In general, monetary fines as a deterrent are preferred to blacklisting of company directors, revoking business operation licenses, or calling for prison sentences. Do you agree with this preference? Should companies that are guilty of tax evasion face something more severe than a monetary fine? Something less severe? Should the fine and interest amount be set at a different rate? If so at why? Provide support and rationale for your responses.
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Discuss the preferred deterrent method employed by the Zambian government to combat tax evasion, monetary fines. As noted in the reading the potential penalty for corporate tax evasion is a fine of 52.5% of the amount evaded plus interest assessed at 5% annually along with a possibility of jail time. In general, monetary fines as a deterrent are preferred to blacklisting of company directors, revoking business operation licenses, or calling for prison sentences. Do you agree with this preference? Should companies that are guilty of tax evasion face something more severe than a monetary fine? Something less severe? Should the fine and interest amount be set at a different rate? If so at why? Provide support and rationale for your responses.

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Economics: Private and Public Choice (MindTap Course List)

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