Which of the Following Statements Is Not Correct

question 265

Multiple Choice

Which of the following statements is not correct?

• A)Competitive markets tend to limit the impact of discrimination on wages.
• B)Differences in earnings of whites and blacks or men and women provide clear evidence of discrimination.
• C)Some differences in earnings are attributable to discrimination based on race, sex, or other factors.
• D)Profit-maximizing behavior can reduce discriminatory wage differentials.

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Definitions:

Years

A unit of time equal to 365 days (or 366 days in a leap year) used to measure duration or age.

Total Dollar Return

The overall financial gain or loss on an investment, including capital gains, interest, dividends, and distributions, calculated in absolute dollar terms.

Shares

Instruments of corporate or financial asset ownership, shares entitle owners to a proportional division of profits, paid as dividends, upon declaration.

Dividend

A portion of a company's earnings distributed to shareholders, often in the form of cash or additional shares.