One Possible Reason for Wage Differentials Is That

question 64

Multiple Choice

One possible reason for wage differentials is that

• A)there are competitive forces operating in labour markets.
• B)discrimination affects labour-market outcomes.
• C)working conditions are the same for most jobs.
• D)workers have more-or-less equal skills.
• E)there is only a single national labour market.

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Definitions:

Tourists

Individuals who travel to and stay in places outside their usual environment for leisure, business, or other purposes for not more than one consecutive year.

Civilization

An advanced state of human society, characterized by the development of complex institutions, knowledge, arts, and customs.

Cultures

The collective beliefs, behaviors, norms, practices, and material objects that members of a society use to cope with their world and with one another, passed from generation to generation through learning.

Cultural Identities

Describes the way individuals or groups perceive and express themselves based on shared beliefs, values, customs, and practices within a culture.