All of the Following Lead to a Difference in Income

question 24

Multiple Choice

All of the following lead to a difference in income EXCEPT

• A) sales tax.
• B) discrimination.
• C) the age-earnings cycle.
• D) marginal productivity.

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Definitions:

Intuitive Thought

The ability to understand or know something without conscious reasoning or direct evidence.

Symbolic Function

The ability of a person, especially a child during developmental stages, to represent objects, people, and events with symbols or words.

Concrete-Operational Stage

A stage in Piaget's theory of cognitive development, occurring roughly between the ages of 7 and 12 years, during which children gain a better understanding of mental operations and physical concepts.

Conservation Of Liquid

a cognitive skill, identified by Piaget, that allows a child to understand that the quantity of a liquid remains the same despite changes in the shape of its container.