Which of the Following Is a Reason Why Wage Rates

question 65

Multiple Choice

Which of the following is a reason why wage rates may differ among workers?

• A) differences in skills required
• B) differences in working conditions
• C) racial and gender discrimination
• D) all of the above

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Definitions:

Physical Attributes

The tangible and visible characteristics or features of a person, object, or place.

Luck

An unpredictable and uncontrollable force that causes an event to occur in a beneficial or harmful way without being part of a deliberate intention.

Poverty Rate

The proportion of the population living below the poverty line, indicating the level of economic deprivation in a society.

Income Share

The distribution of total income among different groups or individuals, often used to analyze economic inequality.