From a Purely Economic Point of View, When Does Discrimination

question 167

Multiple Choice

From a purely economic point of view, when does discrimination exist?

• A) when Canadian-born workers earn more than immigrant workers
• B) when all factors are earning an amount equivalent to their marginal revenue product
• C) when women earn less than men do
• D) when equivalent factors earn different payments for equal contributions to output

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Definitions:

Rights of Stockholders

Privileges and powers that come with owning shares of stock in a corporation, including voting rights and entitlement to dividends.

Account Receivable

Money owed to a company by its customers for goods or services already delivered but not yet paid for.

Accounting Standards

Guidelines and principles set by governing bodies that dictate how financial transactions are recorded and reported.

FASB

Refers to the Financial Accounting Standards Board, which is the organization responsible for establishing accounting and financial reporting standards in the United States.