Which of the Following Statements Is Not Correct

question 224

Multiple Choice

Which of the following statements is not correct?

• A) It is possible that additional education will increase a worker's wage without increasing the worker's productivity.
• B) If discriminating wage differentials persist in competitive markets, it is primarily because either consumers are willing to pay to maintain the discrimination or because government mandates it.
• C) An efficiency wage corresponds to a lower wage that a nondiscriminating employer pays to a worker because a discriminating employer won't hire her.
• D) In competitive markets, workers are paid a wage equal to the value of their marginal product.

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Definitions:

Crosstabulation

A tabular summary of data for two variables. The classes for one variable are represented by the rows; the classes for the other variable are represented by the columns.

Variables

Elements, characteristics, or attributes that can take on different values and are used in scientific research or statistical analysis.

Stem-and-Leaf Display

A graphical method of displaying quantitative data to assess its distribution, by dividing each data point into a "stem" and a "leaf".

Age

A measure of time that an individual, object, or concept has existed, typically expressed in years.