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.

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Definitions:

Special Journal

A specialized accounting journal designed to record a particular type of transaction consistently, such as sales or cash disbursements.

General Journal

A book or document where all financial transactions of a business are initially recorded, prior to being transferred to specific accounts in the general ledger.

Internal Transactions

Financial transactions that occur within an entity, affecting its internal accounts without involving external parties.

Partial Payment

A payment made that is not the full amount owed at the time, typically agreed upon in advance between debtor and creditor.