Regarding Wage Differences Among Various Groups of Workers - Blacks

question 315

Multiple Choice

Regarding wage differences among various groups of workers - blacks and whites, men and women, etc. - most economists believe that

• A)no such differences are evident from the available data.
• B)most of the differences are attributable to discrimination.
• C)some of the wage differences are attributable to discrimination, but there is disagreement about how much.
• D)none of the differences are attributable to discrimination.

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Definitions:

Capital Stock

The total amount of shares that a company is authorized to issue, as specified in its corporate charter.

Primary Markets

Primary markets are financial markets where new issues of securities, such as stocks and bonds, are sold directly by the issuing company to investors.

Secondary Markets

Markets where investors buy and sell securities they already own, such as the stock market, rather than purchasing new securities directly from the issuer.