Question 1

The declining gender wage gap is best explained by which of the following?

Accepted Answer

A)  women gaining more continuous work experience and delaying marriage 
B)  women gaining more continuous work experience and have more favourable working conditions 
C)  women gaining less continuous work experience and delaying marriage 
D)  women gaining less continuous work experience and have more favourable working conditions 
A)  women gaining more continuous work experience and delaying marriage 
B)  women gaining more continuous work experience and have more favourable working conditions 
C)  women gaining less continuous work experience and delaying marriage 
D)  women gaining less continuous work experience and have more favourable working conditions

Question 2

Consumers are often a primary source of discrimination in labour markets.

Accepted Answer

A) True 
 B)False

Question 3

Schools that direct females away from science and math courses are evidence of:

Accepted Answer

A)  labour market discrimination 
B)  culturally driven differences in human capital accumulation 
C)  cultural transition 
D)  all of the above 
A)  labour market discrimination 
B)  culturally driven differences in human capital accumulation 
C)  cultural transition 
D)  all of the above

Question 4

The competitive labour market for barbers is differentiated into two groups, those who are bald (or going bald) and those who have a full head of hair. Assume that the barbers in this market have identical hair-cutting ability, regardless of whether they are bald or not. Currently the equilibrium wage in the bald barber market is lower than that in the non-bald market. Further assume that the market for haircuts is competitive.
-Refer to the information provided. If some consumers in the market for a haircut have a strong preference for having their hair cut by a barber that is not going bald, then:

Accepted Answer

A)  a competitive market equilibrium is not consistent with the wage difference between bald and non-bald barbers 
B)  the difference in wages will eventually disappear, since a haircut is a homogeneous good 
C)  barbershops that hire barbers with hair will always be much more profitable 
D)  barbershops that hire barbers with hair will be able to charge a higher price for a haircut to those consumers that have a strong preference for non-bald barbers 
A)  a competitive market equilibrium is not consistent with the wage difference between bald and non-bald barbers 
B)  the difference in wages will eventually disappear, since a haircut is a homogeneous good 
C)  barbershops that hire barbers with hair will always be much more profitable 
D)  barbershops that hire barbers with hair will be able to charge a higher price for a haircut to those consumers that have a strong preference for non-bald barbers

Question 5

Which of the following facts are likely to have influenced the declining gender wage gap?

Accepted Answer

A)  fertility rates have risen and there is an increasing tendency for mothers with young children to work 
B)  fertility rates have risen and there is a decreasing tendency for mothers with young children to work 
C)  fertility rates have fallen and there is a decreasing tendency for mothers with young children to work 
D)  fertility rates have fallen and there is an increasing tendency for mothers with young children to work 
A)  fertility rates have risen and there is an increasing tendency for mothers with young children to work 
B)  fertility rates have risen and there is a decreasing tendency for mothers with young children to work 
C)  fertility rates have fallen and there is a decreasing tendency for mothers with young children to work 
D)  fertility rates have fallen and there is an increasing tendency for mothers with young children to work

Question 6

All economic explanations of the gender pay gap are associated with discrimination both by consumers and employers, rather than differences in productivity.

Accepted Answer

A) True 
 B)False

Exam 20: Earnings, Unions and Discrimination

The declining gender wage gap is best explained by which of the following?

Consumers are often a primary source of discrimination in labour markets.

Schools that direct females away from science and math courses are evidence of:

Which of the following facts are likely to have influenced the declining gender wage gap?

All economic explanations of the gender pay gap are associated with discrimination both by consumers and employers, rather than differences in productivity.

Ten Lessons From Economics

Thinking Like an Economist

Interdependence and the Gains From Trade

The Market Forces of Supply and Demand

Elasticity and Its Application

Supply, Demand and Government Policies

Consumers, Producers and the Efficiency of Markets

Application: The Costs of Taxation

Application: International Trade

Externalities

Public Goods and Common Resources

The Design of the Tax System

The Costs of Production

Firms in Competitive Markets

Monopoly

Business Strategy

Competition Policy

Monopolistic Competition

The Markets for the Factors of Production

Income Inequity and Poverty

The Theory of Consumer Choice

Frontiers of Microeconomics

Measuring a Nations Income

Measuring the Cost of Living

Production and Growth

Saving, Investment and the Financial System

The Natural Rate of Unemployment

The Monetary System

Inflation: Its Causes and Costs

Open-Economy Macroeconomics: Basic Concepts

A Macroeconomic Theory of the Open Economy

Aggregate Demand and Aggregate Supply

The Influence of Monetary and Fiscal Policy on Aggregate Demand

The Short-Run Trade-Off Between Inflation and Unemployment

Five Debates Over Macroeconomic Policy

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