If One Looks at U

question 28

Multiple Choice

If one looks at U.S. Census data and finds that the average male salary is $43,000 while the average female salary is $38,000, which of the following is not likely to be a significant cause of this difference given U.S. labor market demographics?

• A)Women are more inclined than men to work part-time.
• B)Women have less education than men.
• C)Women and men prefer different kinds of jobs.
• D)Labor market discrimination.
• E)On-the-job experience.

---

Definitions:

Raw Materials Inventory

The total cost of all components and materials that are used in the production of a final product but have not yet been used in the manufacturing process.

Historical Cost

An accounting method where assets are listed and valued on the balance sheet at their original purchase price.

Current Cost

Current cost refers to the cost of purchasing an asset or replacing a liability at current market rates, as opposed to historical purchase prices.