What Does the Text Conclude About the Causes of Inequality

question 115

Multiple Choice

What does the text conclude about the causes of inequality in wages between men and women?

• A)Human capital is the best explanation of the wage gap.
• B)Wage inequality is the result of multiple factors that operate together to put women at a disadvantage.
• C)Dual labor market theory offers the best explanation for unequal wages.
• D)Overt discrimination is the best explanation for the gender wage gap.

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Definitions:

Repurchase Agreements

Short-term loans where a borrower sells securities to a lender with an agreement to buy them back at a higher price at a future date.

Commercial Paper

An unsecured, short-term debt instrument issued by a corporation, typically used for the financing of payroll, accounts payable, and inventories.

Firm's Securities

Financial instruments issued by a company, such as stocks or bonds, representing ownership or creditorship in the firm.

Preferred Dividends

Dividends that are allocated and paid to preferred shareholders before any dividends can be issued to common shareholders.