When Workers with the Same Ability as Others Are Not

question 89

Multiple Choice

When workers with the same ability as others are not paid the same because of their race,ethnic origin,sex,age,or religion,it is defined as

• A) injustice.
• B) wage discrimination.
• C) inefficiency wages.
• D) binding arbitration.
• E) class incentives.

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Definitions:

Residual Value

The estimated value of an asset at the end of its useful life, often used in computing depreciation or lease payments.

Depletion Rate

A measure used in accounting to allocate the cost of extracting natural resources, such as timber, minerals, and oil, from the earth over the period of their extraction.

Oil Well

A drilling operation that extracts petroleum from the ground.

Depletion Rate

The rate at which natural resources are consumed or used, often applied in accounting to allocate the cost of a natural resource over its useful life.