In Discussing Discrimination and the Wage Differences That Exist Between

question 186

Multiple Choice

In discussing discrimination and the wage differences that exist between men and women and between blacks and whites, it has been said that "the disease is political even if the symptom is economic." What does this mean?

• A)Wage differences persist because the political system has failed to enact laws to equalize wages among all groups.
• B)Wage differences exist because of past discrimination on the part of political bodies such as city councils and school boards.
• C)Wage differences exist because of the differences in the political views of the different groups.
• D)Wage differences exist because the political system is biased against paying compensating differentials.

Recognize the importance of minimizing distractions and fatigue in preventing traffic accidents.

Identify how human factors psychology applies to the design and usability of everyday technologies like microwave ovens.

Understand the concept of the "curse of knowledge" and its implications in knowledge transfer and communication.

Understand the concept of skewed distributions and their impact on measures of central tendency.

---

Definitions:

Phillips Curve

An economic theory suggesting an inverse relationship between the rate of unemployment and the rate of inflation in an economy.

Inflation

A continuous rise in the overall price level of goods and services within an economy over a period.

Unemployment

The condition in which a capable worker who is actively seeking employment is unable to find work.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in bank accounts.