Competition in Labor Markets May Fail to Eliminate Wage Differentials

question 350

Multiple Choice

Competition in labor markets may fail to eliminate wage differentials because

• A) of the low cost of recruiting and training new workers.
• B) women are more mobile in the labor market than men.
• C) women continue to select occupations with more flexible career paths.
• D) of the low adjustment costs of firing unproductive workers.

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Definitions:

Double-Blind Procedure

A research or testing methodology in which both the participants and the experimenters are unaware of who is receiving a specific treatment, to eliminate bias.

Experimental Research

A research method involving the manipulation of variables to determine cause-and-effect relationships.

Survey

A research method that involves collecting data from a sample of individuals through their responses to questions, aimed at gathering information about attitudes, behaviors, or characteristics.

Correlational Research

A type of non-experimental research method in which a researcher measures two variables, understands and assesses the statistical relationship between them without any causal assumption.