Which of the Following Statements Is Correct

question 418

Multiple Choice

Which of the following statements is correct?

• A)Compensating wage differentials reflect different skills of workers.
• B)Discrimination by employers affects the marginal productivity of workers.
• C)The signaling theory of education suggests that schooling does not affect worker productivity.
• D)The superstar phenomenon explains why more talented entertainers earn more than less talented entertainers.

Understand the impact of social and economic factors on family structures and dynamics.

Recognize the diversity and complexity of family forms across different cultures and societies.

Critically assess the portrayal of families in media and its reflection of reality.

Examine the role of technology and economic forces as macro-level influences on the family.

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Definitions:

Nominal Interest

The stated interest rate on a loan or investment, not accounting for inflation or compounding effects.

Compounded Nominal

Refers to the nominal interest rate which is compounded at certain intervals over a specified period but not necessarily reflecting the actual annual rate of return.

Annuity

An annuity is a financial instrument that provides a consistent series of payments to a person, often serving as a source of income for those who have retired.

Annuitant

The individual entitled to receive payments from an annuity contract, usually during retirement.