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.
A) Joan has less human capital than Marcia.
B) Joan receives a compensating wage differential that Marcia does not.
C) Joan has been discriminated against because she is white.
D) Marcia has been discriminated against because she is black.
Correct Answer:
Verified
Q62: Which of the following statements is correct?
A)Differences
Q68: Labor-market discrimination is evident when
A)wages of individuals
Q88: If men, on average, earn 20 percent
Q186: Which of the following statements is correct?
A)Compensating
Q195: Evidence of differences in average wages of
Q203: Most economists believe that the higher average
Q235: Karen is a black 21-year-old female,and Jessica
Q236: Which of the following statements is not
Q237: Which of the following is an example
Q244: Discrimination occurs when the marketplace offers different
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents