Wage Differences Can Be Explained by All of the Following

question 40

Multiple Choice

Wage differences can be explained by all of the following except

• A)compensating differentials.
• B)differences in marginal revenue products.
• C)economic discrimination.
• D)comparable worth.

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Definitions:

Jeremy Bentham

An English philosopher and jurist, considered the founder of modern utilitarianism, advocating that actions are right if they are useful or for the benefit of a majority.

Basic Job

A position of employment that typically requires limited skills or education and often involves routine tasks or manual labor.

Innocence Project

A legal organization committed to exonerating wrongly convicted people through DNA testing and reforming the criminal justice system to prevent future injustice.

Exoneration

The act of officially clearing someone from blame or fault, particularly in a legal context.