The Same Year That Derek Jeter, One-Time Shortstop for the New

question 129

Multiple Choice

The same year that Derek Jeter, one-time shortstop for the New York Yankees, received an annual salary of $23.2 million, the president of the United States received an annual salary of $400,000. Based on marginal productivity theory and assuming these markets are competitive, this salary differential indicates that:

• A) Derek Jeter contributed much more to society than did the president of the United States.
• B) the president of the United States contributed much more to society than did Derek Jeter.
• C) Derek Jeter and the president of the United States made equal contributions to society.
• D) the salary differential between Derek Jeter and the president of the United States indicated that their marginal productivities cannot be compared.

---

Definitions:

Carboniferous

The Carboniferous is a geologic period and system that extends from about 359 to 299 million years ago, known for its vast coal deposits.

Ordovician

A geologic period and system of the Paleozoic Era, following the Cambrian and preceding the Silurian, marked by significant diversification of life.

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring.

Triassic

A geological period that occurred approximately 252 to 201 million years ago, marking the beginning of the Mesozoic Era.