According to Empirical Estimates,approximately What Proportion of the Observed Female-Male

question 48

Multiple Choice

According to empirical estimates,approximately what proportion of the observed female-male earnings gap and African American-white earnings gap can be explained by nondiscriminatory factors?

• A)none
• B)no more than half
• C)more than half
• D)virtually all

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Definitions:

Merger

The combination of two or more companies into a single entity, typically involving the absorption of one by the other.

Securities Act of 1933

A United States federal law enacted as a result of the stock market crash of 1929, requiring that securities sold in the United States be registered and that investors receive significant information about securities being offered.

Due Diligence Defense

A legal defense used in securities law, indicating that the defendants conducted a thorough investigation and did not find any misrepresentations or omissions.

Prospectus

A formal document that companies must publish when offering their shares to the public, detailing their business and financial status.