Wage Differentials Between Occupations Can Be Explained by All of the Following

question 163

Multiple Choice

Wage differentials between occupations can be explained by all of the following except

• A)the fact that some occupations require higher levels of human capital than others.
• B)the fact that some occupations are more desirable than others.
• C)the market power of different employers.
• D)the relative differences between demand and supply in various occupations.

---

Definitions:

Cognitive Reevaluation

Involves changing the way one thinks about a situation in order to alter its emotional impact.

Perceived Inequity

A feeling of unfairness experienced when individuals perceive that their ratio of efforts to rewards does not align with those of others.

Change Perspective

The act of shifting one's viewpoint or approach to understanding or interpreting information, situations, or concepts in a different way.

Attempt to Change

An effort or endeavor to make something different, typically aimed at improving a situation or solving a problem.