Rico and Danielle Have Both Been Working for the Same

question 29

Multiple Choice

Rico and Danielle have both been working for the same company for the past three years.They have comparable education and work experience; however, Rico is making $10,000 more a year than Danielle.What is this inconsistency of wage an example of?

• A)social inequality
• B)equality
• C)equity
• D)social norms

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Definitions:

Zero-Based

A budgeting method where all expenses must be justified for each new period, starting from a "zero base," without reference to previous budgets.

Incremental

Pertaining to an increase or addition, especially in a series of small, regular steps.

Depreciation

A method of allocating the cost of a tangible asset over its useful life.

Amortization

The process of spreading out a loan into a series of fixed payments over time, covering both principal and interest.