Which of the Following Is a Drawback of a Comparable-Worth

question 43

Multiple Choice

Which of the following is a drawback of a comparable-worth policy?

• A) A free-market economy assumes people will not take differences in pay into account when they choose a career.
• B) Employees may conclude that pay rates are unfair.
• C) The courts prohibit organizations from defending themselves against claims of discrimination by showing that they pay the going market rate.
• D) Grouping jobs will result in rates of pay for individual jobs that do not precisely match the levels specified by the market and the organization's job structure.
• E) Raising pay for some jobs places the employer at a disadvantage relative to employers that pay the market rate.

Understand the structure and critiques of the Social Security system.

Grasp the concept of opportunity cost and its implications in decision making.

Comprehend how the federal government manages the Social Security Trust Fund and its implications on future economic policies.

Analyze the impact of educational attainment on Social Security benefits duration.

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Definitions:

Puberty

Series of events that transform a child into a sexually mature adult; involves an increase in the secretion of GnRH.

Adolescence

The phase of life between childhood and adulthood, characterized by physical, psychological, and social changes.

Childhood

The period in a human's life following infancy and preceding adolescence, characterized by growth, development, and significant cognitive, emotional, and social changes.

Pronuclei

The haploid nuclei of the egg and sperm that come together but do not fuse immediately during the fertilization process.