Economists who are critical of comparable worth proposals are likely to argue which of the following?
(i) the competitive market is the best mechanism for setting wages
(ii) a gender wage gap is not by itself evidence of discrimination
(iii) implementation of a comparable worth program would have many of the same effects as minimum wage legislation

Question

Quizplus · Accepted Answer

Economists critical of comparable worth proposals often argue that the competitive market efficiently sets wages (i), suggesting that wage disparities are not necessarily indicative of discrimination but could reflect market dynamics (ii). They also compare the potential effects of comparable worth programs to those of minimum wage laws, such as potential job losses or shifts in employment patterns (iii), indicating all three statements are arguments they might make.

Economists Who Are Critical of Comparable Worth Proposals Are Likely