Economists Who Are Critical of the Notion of Comparable Worth

question 188

Multiple Choice

Economists who are critical of the notion of comparable worth are likely to argue that:

• A)the gender gap in wages is largely associated with discrimination in the labour market
• B)discrimination engendered by cultural bias is best solved by government intervention
• C)librarians should not be paid the same wage as an engineer
• D)the gender gap in wages is reflective of a compensating differential based on allocations in competitive labour markets

---

Definitions:

Bank Statement

A report issued by a bank detailing the transactions in a customer's account over a specific period.

Deposit In Transit

Money that has been received and recorded by a business but has not yet been recorded by its bank.

Outstanding Checks

Checks that have been written and recorded in the issuing entity's books but have not yet been cashed or cleared by the bank.

Note Receivable

A written promise for amounts to be received, typically outlining the terms including payment amounts, interest rate, and due date.