Many Economists Argue That the Best Way to Correct Employer

question 44

Multiple Choice

Many economists argue that the best way to correct employer discrimination is to

• A)pass comparable worth laws
• B)increase the price of output,thereby raising profit
• C)shift the marginal revenue product curve of the unfavored group to the right
• D)shift the demand for labor to the left
• E)allow the market mechanism to equalize wages

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Definitions:

Dichotomous Thinking

A cognitive process that categorizes options or opinions into two distinct and mutually exclusive groups, such as "good or bad" and "right or wrong."

Functional Significance

The practical importance or implications of a phenomenon, behavior, structure, or gene in terms of its adaptive value and survival.

Emerging Adulthood

A phase of the life span occurring from the late teens through the twenties, characterized by exploration and uncertainty in love, work, and worldviews.

Socialize Matters

The process of discussing and engaging with issues or concerns within a social context or group to gain varied perspectives or reach consensus.