Exam 19: Earnings and Discrimination

One example of labor-market discrimination is that firms may be less likely to interview job-market candidates whose names suggest that they are members of a racial minority.

Karen is a black 21-year-old female,and Jessica is a black 41-year-old female.Both Karen and Jessica are accounting majors,and they graduated from the same college with the same GPA - Karen in 2008 and Jessica in 1988.Karen and Jessica are both financial advisers at the same mutual fund firm.Karen earns $45,000 a year,and Jessica earns $90,000 a year.Select the best explanation for this wage difference.

Labor unions will raise the quantity of labor demanded.

The statement that "coal miners are paid more than workers with similar levels of education" is likely to reflect the fact that

A recent law school graduate is considering two offers to practice law,one in California and one in Alabama.The California bar exam is very difficult to pass,in part because California has a large number of unaccredited law schools.Assuming all other things equal,the attorney would expect

A plumber who specializes in cleaning plugged sewer lines is typically paid a higher wage than a plumber who works on installing water systems in new residential housing.This can be partially explained by the fact that

A compensation scheme that pays salespeople a percentage of the sales they make is attempting to reward

Park rangers at Yellowstone National Park are known to have low wages.This is probably because

The demand for workers with excellent problem-solving skills is increasing,as are the wages for those workers.

Explain the role that consumers play in perpetuating discrimination in labor markets.

In recent years,the ratio of earnings of the typical U.S.college graduate to the earnings of the typical high school graduate without additional education has

Technology is an important factor in explaining the high incomes of superstars because

Evidence from a 1988 study of the market for professional basketball players

Which of the following statements is not correct?

Which of the following statements is correct?

Joan is a white 23-year-old female,and Marcia is a black 23-year-old female.Both Joan and Marica are economics majors,and they graduated from the same college in the same year with the same GPA.Joan and Marcia both got jobs at a brokerage firm after graduating from college.They both work equally hard.Joan earns $38,000 a year,and Marcia earns $30,000 a year.Select the best explanation for this wage difference.

Figure 19-2 -Refer to Figure 19-2.This figure depicts labor demand and supply in a nonunionized labor market.The original equilibrium is at point A.If a labor union subsequently establishes a union shop and negotiates an hourly wage of $20,then there will be an excess

Former Secretary of Labor Robert Reich points to two growing categories of work in the United States.Those two categories are

Differences in human capital among groups of workers is possibly a reflection of past discrimination.

An effective minimum wage law will increase the quantity of labor demanded.