Assume That All Workers Are Equally Productive,but That Male Wages

question 45

Multiple Choice

Assume that all workers are equally productive,but that male wages are $14 and female wages are $10.An employer who employs only male workers has a discrimination coefficient of:

• A)at most 0.4
• B)at least $4
• C)at most $4
• D)at least 10/14

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Definitions:

Maturity Value

The amount payable to an investor at the maturity date of a financial instrument, typically the principal plus any final interest payments.

60-Day Note

A type of short-term debt where the repayment is due 60 days after issuance.

360-Day Year

An accounting simplification that assumes there are 360 days in a year to facilitate easier interest calculations.

Direct Write-Off Method

An accounting practice where bad debts are written off against income at the time they are determined to be uncollectible, instead of being provided for in advance.