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:

Equipment (Net) Account

The value of a company's equipment after accounting for depreciation or amortization.

Consolidated

The combination of financial statements of a parent company and its subsidiaries into one comprehensive financial statement, presenting the business as a single economic entity.

Fair Value

The value obtained or paid in the process of selling an asset or managing a liability within a planned negotiation among market contributors on the valuation day.

Goodwill

An intangible asset that arises when a business is purchased for more than the fair value of its net identifiable assets, reflecting factors such as brand, customer base, and reputation.