At Chauvin Corp

question 91

Multiple Choice

At Chauvin Corp., only one among the twenty-five senior executives in the firm is a woman and only four among the fifty junior executives are women. Hence, the company was recently charged on grounds of sexual discrimination in the workplace by the Equality and Human Rights Commission. Which of the following, if true, could help Chauvin Corp. defend itself against the charges?

• A) Male and female executives at the same level have the same qualifications.
• B) The company pays equal salaries to both its male and female employees in the same position.
• C) Ten times more men than women applied for jobs with the company.
• D) The work pressures and long hours make jobs with the company unattractive to married women.
• E) All job applicants who were rejected had fewer qualifications than those accepted.

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Definitions:

Equilibrium Interest Rate

The interest rate at which the demand for funds equals the supply of funds in the financial market, bringing the market into balance.

Saving and Investment

Economic activities that involve setting aside money for future use and allocating resources into investments to generate returns.

Real Money Balances

The amount of money held by individuals or entities, adjusted for inflation.

Nominal Money Assets

Financial assets measured in monetary terms without adjustment for inflation, representing their face value at a point in time.