Exam 19: Earnings and Discrimination

Attributing the gender wage gap to ongoing discrimination by employers will likely be incorrect because

Which of the following is true of minimum-wage laws?

Suppose that an employer can hire workers with brown hair and workers with blonde hair. Each type of worker has the same productivity. Which of the following is correct if the employer discriminates by hiring only workers with brown hair?

Differences in human capital are likely to

Which of the following is considered human capital?

Which of the following sets of circumstances is likely to provide the best evidence in support of the theory of efficiency wages?

In the early twentieth century, racial segregation of streetcars in the southern cities was largely opposed by

A recent study of the determinants of wages for clerical staff at a state university found that years of schooling, years of experience, age and job characteristics only explained about one-half of the difference in wages. Describe other factors that may be important in explaining wages differences for clerical staff.

A consensus view among economists regarding the possibility of labor-market discrimination is that

The accumulation of investments in people, such as education and on-the-job training, is known as

Most wage differences can be understood while maintaining the assumption of equilibrium in the labor market. We deviate from that assumption, however, when we consider

Scenario 19-3 In the small town of Hamilton, Montana, there is a local hardware store called Eddy's Hardware. There are only two types of workers who apply for jobs at Eddy's Hardware: cowboys and farm boys. Local politicians have received numerous complaints that Eddy's Hardware is practicing wage discrimination against farm boys. Eddy's Hardware denies the complaint and says the store is only trying to maximize profit. -Refer to Scenario 19-3. Which of the following statements would weaken the discrimination complaint against Eddy's Hardware?

Which of the following is an example of a compensating differential?

"The customer is always right" explains

Regarding wage differences among various groups of workers - blacks and whites, men and women, etc. - most economists believe that

Scenario 19-5 Jason works part-time at a grocery store after school. Jason has worked at the store for two years but still hasn't received a wage increase, even though newer employees have received raises. Jason has threatened his employer with a lawsuit if he doesn't get a raise in the next few weeks. Jason believes he is a victim of labor-market discrimination. -Refer to Scenario 19-5. Why might an economist be skeptical of Jason's discrimination complaint?

In empirical analyses of factors that help explain wages,

According to proponents of the signaling theory of education, an increase in the education levels of all workers would

A difference in wages that reflects differences in the nonpay features of two jobs is called

A union's major source of power is its