From an Economic Standpoint,identify the Drawback of a Comparable-Worth Policy

question 47

Multiple Choice

From an economic standpoint,identify the 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 pay policy line reflects the pay structure in the market, which does not always match rates in the organization.
• 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.

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Definitions:

Propertied Men

Individuals who own property, historically granted certain rights and privileges not afforded to those without property, including the right to vote.

Urban Dwellers

People who live in cities or towns, often experiencing lifestyles, challenges, and opportunities distinct from rural life.

Original Constitution

The fundamental legal document, drafted in 1787, that established the framework of the U.S. government and outlined the rights of its citizens.

Anti-Slavery Efforts

Actions and movements aimed at ending slavery and the slave trade, including legislative, social, and military measures.