As Applied to Gender Discrimination, the Crowding Model of Occupational

question 22

Multiple Choice

As applied to gender discrimination, the crowding model of occupational segregation

• A) helps explain why women earn more than men.
• B) predicts that men's wages would fall and women's wages would rise if occupational segregation was eliminated.
• C) predicts that domestic output would decline if occupational segregation was ended.
• D) predicts that competition will eventually totally end discrimination.

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Definitions:

Present Value of An Annuity

The current worth of a series of future payments or receipts, discounted at a specific interest rate.

Net Present Value

A calculation that compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account to analyze the profitability of investments.

Profitability Index

A financial metric that measures the relative profitability of an investment, calculated as the present value of future cash flows divided by the initial investment cost.

Annuity

A financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.