One Possible Reason for Wage Differentials Is That

question 64

Multiple Choice

One possible reason for wage differentials is that

• A)there are competitive forces operating in labour markets.
• B)discrimination affects labour-market outcomes.
• C)working conditions are the same for most jobs.
• D)workers have more-or-less equal skills.
• E)there is only a single national labour market.

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Definitions:

Double Effect

When an action (such as administering opiates) has both a positive effect (relieving a terminally ill person’s pain) and a negative effect (hastening death by suppressing respiration).

Slow Respiration

A decreased rate of breathing, which can be a sign of good health under certain conditions, such as during sleep or relaxation.

Palliative Care

A specialized area of healthcare focused on providing relief from the symptoms, pain, and stress of a serious illness, aimed at improving quality of life.

Terminally Ill

Refers to a person suffering from a disease or condition that is incurable and expected to lead to death.