Use the Following Statements to Answer This Question: I

question 45

Multiple Choice

Use the following statements to answer this question: I. Efficiency wage theory was developed to help explain persistent unemployment and wage discrimination in labor markets.
II) Efficiency wage theory recognizes that labor productivity may be affected by the wage rate.

• A) I and II are true.
• B) I is true and II is false.
• C) II is true and I is false.
• D) I and II are false.

---

Definitions:

Intersection

A concept often used in sociology to describe the ways in which social categories such as race, gender, and class interact on multiple and often simultaneous levels, contributing to systematic social inequality.

Race And Class

Intersecting social categorizations that significantly impact an individual's life experiences, opportunities, and interactions within societal structures.

Home Foreclosures

The legal process by which a lender takes possession of a property due to the borrower's failure to keep up with mortgage payments.

2008 Recession

A severe global economic downturn that began in 2008, marked by significant declines in consumer wealth, extensive business failures, and a sharp increase in unemployment.