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Assumptions: (1) the labor force comprises 9 million men and 9 million women workers; (2) the economy has 3 occupations, X, Y, and Z, each having identical demand curves for labor; (3) male and female workers are homogeneous with respect to their labor-market capabilities; (4) women are discriminated against by being excluded from occupations X and Y and are confined to Z; and (5) aside from discrimination, the economy is competitive, and workers seek to maximize their earnings.Refer to the diagram and list of assumptions. If discrimination is ended, women
Financial Adviser
A professional who provides financial services and advice to clients based on their financial situation and goals.
Retirement Portfolio
A collection of financial investments specifically chosen and managed to support an individual's financial needs in retirement.
Stocks
Shares of ownership in a company, that represent a claim on the company's earnings and assets.
Annuities
Financial products that provide a stream of payments for a fixed period or for the lifetime of the annuitant, typically used for retirement savings.
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