The Wage Differences We Observe in the Economy Are, to a Large

question 9

Multiple Choice

The wage differences we observe in the economy are, to a large extent, attributable to:

• A)inefficient markets
• B)equivalent demand for labour across different jobs held by different groups of people
• C)the determinants of equilibrium wage
• D)constant productivities across different employment groups

---

Definitions:

Human Qualities

Characteristics or attributes considered unique or essential to being human, such as empathy, creativity, and the capacity for moral reasoning.

Nonhuman Beings

Entities or organisms that are not classified as human, including animals, plants, and in some contexts, artificial intelligences.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Mental Set

A tendency to solve problems using procedures that worked before on similar problems.