Wage Differences Among Workers of Different Races and Gender Could

question 173

Multiple Choice

Wage differences among workers of different races and gender could be due to all of the following except

• A)differences in preferences for jobs.
• B)differences in work experience.
• C)differences in education.
• D)labor unions.

---

Definitions:

Equity

The residual interest in the assets of a business after deducting its liabilities, representing the ownership interest of shareholders.

Assets

Resources owned by a business or individual that have economic value and can be used to meet debts or commitments.

Liabilities

Financial obligations or debts a company owes to external parties.

Certificate Of Deposit

A Certificate of Deposit is a savings certificate with a fixed maturity date and specified fixed interest rate that is issued by commercial banks.