-All of the Following,except One,are Explanations of the Wage Differentials

question 108

Multiple Choice

-All of the following,except one,are explanations of the wage differentials that exist in our economy.Which is the exception?

• A)Some jobs have unpleasant characteristics that do not exist with other jobs.
• B)Some jobs involve physical risks that do not exist with other jobs.
• C)Discrimination exists in the job market.
• D)Some jobs have non-pecuniary benefits that are absent in other jobs.
• E)The level of human capital is the same among individuals.

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Definitions:

Housing Preferences

Individual or collective choices regarding the types of housing environments people desire to live in.

Cultural Personality

The collective personality characteristics and traits that are prevalent within a specific culture.

Individualistic

Refers to a social theory favoring freedom of action for individuals over collective or state control.

Power Distance

A cultural dimension that reflects the extent to which individuals in a society accept that power is distributed unequally.