Which statement do economists generally agree on
A)The human-capital theory provides the best explanation of discriminatory practices.
B)Differences in average wages do not by themselves provide conclusive evidence about the magnitude of discrimination effects in labour markets.
C)Discrimination is exclusively an economic, rather than political, phenomenon.
D)Much of the wage differential observed in the economy is due to discrimination.

Question

Quizplus · Accepted Answer

Economists generally agree that differences in average wages do not provide conclusive evidence about the magnitude of discrimination effects in labour markets, as there are other factors that can contribute to wage differentials such as differences in education, experience, and productivity.

Which Statement Do Economists Generally Agree on