In Discussing Discrimination and the Wage Differences That Exist Between

question 186

Multiple Choice

In discussing discrimination and the wage differences that exist between men and women and between blacks and whites, it has been said that "the disease is political even if the symptom is economic." What does this mean?

• A)Wage differences persist because the political system has failed to enact laws to equalize wages among all groups.
• B)Wage differences exist because of past discrimination on the part of political bodies such as city councils and school boards.
• C)Wage differences exist because of the differences in the political views of the different groups.
• D)Wage differences exist because the political system is biased against paying compensating differentials.

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Definitions:

Profit (Loss) Test

A financial assessment to evaluate the profitability or loss of a business operation or investment.

Return on Total Assets

A financial ratio that measures a company's profitability relative to its total assets.

Income Tax Expense

The amount of money that a company is required to pay to the government based on its taxable income.

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time.