Which Statement Do Economists Generally Agree on

question 30

Multiple Choice

Which statement do economists generally agree on

• A)The human-capital theory provides the best explanation of discriminatory practices.
• B)Differences in average wages do not by themselves provide conclusive evidence about the magnitude of discrimination effects in labour markets.
• C)Discrimination is exclusively an economic, rather than political, phenomenon.
• D)Much of the wage differential observed in the economy is due to discrimination.

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Definitions:

Social Concern

The attention or care directed towards societal issues and the wellbeing of the community at large.

Marketing Program

A comprehensive plan that outlines strategies, tactics, and activities for effectively promoting and selling products or services.

Title VII

A section of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, or national origin.

Civil Rights Act

A landmark piece of legislation in the United States, enacted in 1964, that outlawed discrimination based on race, color, religion, sex, or national origin.