If Males and Females Are Paid the Same Price for Each

question 31

Multiple Choice

If males and females are paid the same price for each of their productive characteristics then it follows that

• A) they will earn the same wages.
• B) discrimination has been eliminated.
• C) males and females are not compensated differently for each added year of experience.
• D) occupational segregation will be zero.

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Definitions:

Significant Influence

A level of control or impact over decisions, operations, or governance in various contexts, including business, politics, and social settings.

U.S. Interest Rates

The rate at which borrowers are charged for borrowing money or the rate earned by investors when lending money, set by central and commercial banks in the United States.

Depository Institutions Deregulation and Monetary Control Act

A 1980 United States federal law that deregulated banks and other depository institutions to help improve the Federal Reserve's control over monetary policy.

Fed's Legal Reserve Requirements

The minimum reserves each bank must hold to customer deposits and notes, as mandated by the Federal Reserve.