Which of the Following Would Prevent a Single Equilibrium Wage

question 24

Multiple Choice

Which of the following would prevent a single equilibrium wage existing across all labor markets?

• A) a competitive labor market
• B) workers having various skills and preferences
• C) firms being free to enter any of the labor markets
• D) potential workers being able to freely enter any of the labor markets
• E) a payroll tax paid equally by workers and firms

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Definitions:

Female

Relating to the sex that typically has the capacity for egg production in the context of reproductive roles.

Egalitarian Gender Roles

A social system or perspective where men and women are expected and encouraged to assume equal roles, responsibilities, and status in all spheres of life.

Generations

Categories of people born and living around the same time, shared experiences can lead to distinctive social characteristics and viewpoints.

Civil Rights Act of 1964

A landmark piece of federal legislation in the United States that outlawed discrimination based on race, color, religion, sex, or national origin, particularly in the areas of employment and public accommodation.