Compared to the Private Sector,the Public Sector Earnings Distribution Tends

question 4

Multiple Choice

Compared to the private sector,the public sector earnings distribution tends to be:

• A)more unequal because government workers tend to be employed in service occupations
• B)more unequal because government pay scales are generally higher
• C)less unequal because of the relatively large number of management positions in government
• D)less unequal because blue-collar employees are generally paid more and white-collar employees are generally paid less than their private-sector counterparts

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Definitions:

Jointly Owned

Owned by two or more parties who share control and rights over the property or asset.

Income Ratio

A financial metric used to measure the proportion of a company's income relative to another financial figure, such as revenue or assets.

Net Income

The net earnings of a company following the deduction of all costs, such as taxes and operational expenses, from its total income.

Limited Life

A feature of certain business entities where the business has a defined end date or event upon which it will dissolve.