Professional Female Basketball Players Make Far Less Income Than Do

question 41

Multiple Choice

Professional female basketball players make far less income than do professional male basketball players. Why?

• A) gender discrimination
• B) The supply of female players is far greater than the supply of male players.
• C) The demand for female players is far less than the demand for male players.
• D) compensating differentials

Understand mutual, direct, and indirect ownership structures within corporate groups.

Calculate income tax expense and the effect of tax allocation methods.

Identify the net income attributable to noncontrolling interests and its computation.

Understand the implications of a tax-free business combination.

---

Definitions:

Unemployment

The condition wherein people who are able and willing to work and are actively looking for work cannot secure a job.

Contractionary Monetary Policy

A monetary policy strategy used by central banks to reduce inflation and cool an overheated economy by raising interest rates or increasing reserve requirements.

Inflation

The frequency at which the all-encompassing costs of goods and services heighten, eroding financial purchasing capability.

Unemployment Rate

The percentage of the labor force that is jobless and actively looking for work.