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The US Census Bureau Documents That Some Women Are Compensated Less

question 23

Multiple Choice

The U.S. Census Bureau documents that some women are compensated less than their male counterparts for the same work. This disparity in earnings is referred to as the _____.


Definitions:

Empty Threat

In a sequential game with two players, a noncredible (bluffing) statement made by Player 1 that threatens a penalizing action against Player 2 if Player 2 does something that Player 1 does not want Player 2 to do. Opposite of credible threat.

Coercion

The act of compelling or forcing someone to act in a certain way through pressure, threats, or the use of force.

Threatened Firm

A business that faces potential decline or failure due to competitive, economic, or operational challenges.

Sequential Game

A type of game theory where players make decisions one after another, with each decision influencing future actions.

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