Which of the Following Is True

question 359

Multiple Choice

Which of the following is true?

• A) The earnings differential between men and women who never married is considerably smaller than the differential between married men and married women.
• B) After adjusting for education, age, language, and location, the earnings of women are almost identical with the earnings of men.
• C) Between 1980 and 2000, the female/male annual earnings ratio of full-time workers was virtually unchanged.
• D) The hourly earnings of women were approximately 60 percent of their male counterparts in 2009.

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Definitions:

Behavioral Economics

A field of economic study that examines how psychological, cognitive, emotional, cultural, and social factors affect economic decisions of individuals and institutions.

Temptation

The desire to engage in short-term urges for enjoyment, often at the expense of long-term goals.

Prone To Errors

Having a high likelihood of making mistakes or encountering inaccuracies.

Inefficient

A situation or process that does not make the best or most effective use of resources, time, or energy.