Given That the Median Male Is Better Paid Than the Median

question 242

Multiple Choice

Given that the median male is better paid than the median female, which of the following is a valid explanation for wage differences?

• A)compensating differentials
• B)differences in human capital
• C)discrimination
• D)All of the above can be a partial explanation.

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Definitions:

Annual Salary

The total amount of money an employee is scheduled to earn over the course of a year, excluding bonuses or overtime.

Capital Balance

The amount of money that a company has in its accounts, representing the difference between total assets and liabilities.

Net Loss

The amount by which total expenses exceed total revenues in a financial period, indicating a loss.

Operations

The day-to-day activities required for the running of a business for the purpose of producing value for the stakeholders.