Evidence Suggests That Some of the Observed Average Female-Male Wage

question 36

Multiple Choice

Evidence suggests that some of the observed average female-male wage differential can be explained by

• A)the nature of the jobs and differences in acquired human capital.
• B)differences in the innate abilities between men and women.
• C)higher marginal revenue product for female workers.
• D)the labour-force participation rate of adult women being above that of adult men.
• E)None of the above can explain part of the wage differentials.

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Definitions:

Interest Accrued

The amount of interest that has accumulated over time but has not yet been paid or charged.

Par Value

The nominal value of a bond or stock as declared by the issuer, which might not represent its actual market value.

Exchange Rate

The price at which one currency can be exchanged for another currency in the foreign exchange market.

Loss

A financial condition where expenses exceed income, leading to a negative net income.