Proponents of Comparable Worth Justifies It on the Ground That

question 40

Multiple Choice

Proponents of comparable worth justifies it on the ground that:

• A)interfering with the functioning of the labor market will lead to shortages of labor.
• B)interfering with the functioning of the labor market will lead to excess supplies of labor.
• C)as a result of personal prejudices the market is unable to assess marginal products.
• D)market correctly processes the innumerable information which are available.
• E)interaction of demand and supply correctly determines the wage rate.

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Definitions:

Normal Approximation

A method used in statistics to approximate binomial distributions with normal distributions when sample sizes are large, under certain conditions.

Binomial

A statistical distribution that represents the number of successes in a fixed number of trials, with each trial having two possible outcomes.

Population Proportions

The percentage or fraction of individuals in a population that exhibit a particular attribute or characteristic.

Null Hypothesis

A hypothesis in statistical testing that there is no effect or no difference, and any observed deviation is due to sampling or experimental error.