Assume That Workers Are of the Same Race and Either

question 60

Multiple Choice

Assume that workers are of the same race and either male or female.Male and female workers possess the same stock of human capital and hence they are equally productive.The wage rate for male workers is $10 per hour and for female workers the wage rate is $9 per hour.
-Refer to the information above.Assuming that Carl and Julia pick city A,Julia's earnings are

• A) adequate.
• B) 37.5% of her best option.
• C) 60% of her best option.
• D) 62.5% of her best option.
• E) 70% of her best option.

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Definitions:

Agricultural Societies

Those in which plows and animal power are used to substantially increase food supply and dependability as compared with horticultural and pastoral societies. Agricultural societies first emerged about 5000 years ago. Average settlement size and permanence, the division of labor, productivity, and inequality are higher in agricultural societies than in horticultural and pastoral societies.

Class Analysis

The study and examination of social classes and their relationships, often focusing on issues of inequality and power.

Property Owners

Individuals or entities that hold legal title to land, buildings, or other assets.

Non-Owners

Individuals or entities that do not hold ownership rights over a specific property, asset, or business.