Which of the Following Statements Reflects Evidence of the Gender

question 43

Multiple Choice

Which of the following statements reflects evidence of the gender wage gap,as outlined in the text?

• A) The wage gap is smallest between single never-married women and married men
• B) The wage gap is largest between married men and married women.
• C) A young university education woman who works full-time earns 95 cents for every $1 her male counterpart receives.
• D) Men's earnings and women's earnings have climbed,but very slowly,over the last several decades.

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Definitions:

Mortgage-backed Securities

Financial instruments created by pooling mortgages and selling the rights to the cash flows from these mortgages to investors.

Secondary Mortgage Market

A market in which mortgages originated by a lender are sold to another financial institution. In recent years, the major buyers in this market have been Fannie Mae, Freddie Mac, and large investment banks.

Lending Standards

The criteria and guidelines used by financial institutions to determine the creditworthiness of prospective borrowers and to make decisions about loan applications.

Housing Prices

The amount of money required to buy homes in a particular area, which can fluctuate based on demand, location, and economic conditions.