What Is the Relationship Between Income, Gender, and Education

question 20

Multiple Choice

What is the relationship between income, gender, and education?

• A) At every level of education the average income of men is higher than the average income of women.
• B) When a woman has more education than a man she can be expected to earn more than he does.
• C) Women with a bachelor's degree consistently earn more than men with only a high school diploma.
• D) There is no relationship between income, gender, and education.

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Definitions:

Fair Value Method

An accounting approach where assets and liabilities are reported at their current prices or the estimated amount they would fetch in the market.

Brokerage Fee

A charge levied by a broker for facilitating transactions between buyers and sellers.

Unrealized Gain

An increase in the value of an asset that has not been sold, hence the profit is not yet realized.

Trading Investments

Securities purchased and held primarily for selling them in the near term to generate income on short-term price differences.