Some Economists Are Skeptical of the Argument That Employers Are

question 359

Multiple Choice

Some economists are skeptical of the argument that employers are responsible for discriminatory wage differences. They argue that market economies provide a natural remedy to employer discrimination, and that remedy is

• A)social responsibility.
• B)the profit motive.
• C)fear of reprisal from groups that suffer from those wage differences.
• D)fear of reprisal from government in the form of prosecution.

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Definitions:

Extra Calories

Consumed energy that exceeds the amount a person needs to maintain their body weight, often leading to weight gain if not countered with increased physical activity.

Other Wants

Refers to desires that go beyond basic needs, often influenced by cultural, social, or individual preferences.

Service

An intangible commodity that involves providing labor or helpful activities to others without producing physical goods.

Intangible Activity

Economic or business activity that is not physical in nature, often related to services, knowledge, or intellectual property.