The Made It Unlawful to Discriminate in Pay on the Basis

question 71

Multiple Choice

The made it unlawful to discriminate in pay on the basis of sex when jobs involve equal work, require equivalent skills, effort, and responsibility, and are performed under similar working conditions.

• A)Equal Pay Act of 1963
• B)Age Discrimination in Employment Act of 1967
• C)Title VII
• D)13th Amendment to the U.S. Constitution
• E)Executive Order 11246

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Definitions:

Net Capital Outflow

The variance between the act of local inhabitants investing overseas and international investors buying within the country.

Exchange Rate

The price of one country's currency expressed in the currency of another country, influencing international trade and investment flows.

Affordability

A measure of an individual's financial ability to meet the cost of living or purchase goods and services.

Real Interest Rate

The rate of interest an investor expects to receive after allowing for inflation, reflecting the true cost of borrowing or the true yield on an investment.