A) Some economists believe that business owners who emphasize profit maximization will hire the most productive workers regardless of the personal characteristics of the worker; hence, these firms will drive discriminating firms out of business.
B) Two economists found that employers in Boston and Chicago were about 50 percent more likely to interview job applicants named Emily and Greg than those named Lakisha and Jamal.
C) Two economists found that women were less likely to participate in an experiment where they were paid based on math skills but more likely to participate when they were paid based on reading skills; men were more likely to participate when they were paid based on math skills and less likely to participate when they were paid based on reading skills.
D) Economists found that the prices of older baseball cards were about 10 percent lower when the player was black rather than white.
F) A) and D)
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A) is not likely to be related to productivity differences.
B) is a barrier to obtaining an education.
C) does not affect the supply of workers in the different labor markets.
D) encourages workers to bear the cost of acquiring education.
F) A) and D)
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B) False
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A) store clerk jobs are perceived to be relatively easy, thus attracting low-skill workers.
B) store clerk jobs are perceived to be relatively difficult, thus attracting high-skill workers.
C) many people perceive the job of store clerk as having significant risk of death on the job.
D) store clerks are required to have a college degree.
F) A) and C)
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A) found no evidence of consumer-driven wage discrimination.
B) found some evidence of consumer-driven wage discrimination.
C) found that measurement of marginal productivity was very difficult for basketball players.
D) indicated that sports with strong player associations are unlikely to experience wage discrimination.
F) All of the above
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A) all famous people equally.
B) any type of worker who has high productivity.
C) markets where technology allows the best producer to supply every customer at a low cost.
D) markets where a small group of workers produce a much higher quality product than the average worker.
F) A) and D)
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B) False
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A) schooling sends signals to employers in much the same way that advertising sends signals to consumers.
B) a person becomes more productive by earning a college degree.
C) education is less important than natural ability.
D) All of the above are correct.
F) B) and D)
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B) False
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A) human capital acquired through education
B) human capital acquired through job experience
C) compensating differentials
D) All of the above can explain wage differences.
F) C) and D)
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A) Courtney is beautiful and Nicole is not.
B) Courtney is 40 years old and Nicole is 60 years old.
C) Courtney works the night shift and Nicole works the day shift.
D) Courtney attended on the job-training seminars which allows her to do tasks Nicole is not qualified for.
F) A) and C)
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A) discrimination does not affect wage differentials.
B) schooling makes workers more productive in the long-run.
C) schooling makes workers more productive in the short-run.
D) the worker signals to the employer that he is a valuable employee because he was willing to spend time to get an education.
F) C) and D)
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A) a source of wage differences between men and women is differences in human capital.
B) a source of wage differences between men and women is compensating differentials.
C) the gap between the earnings of men and the earnings of women is likely even more significant than the data alone indicate.
D) we should expect the earnings of women to rise relative to the earnings of men, in order to induce women to accept jobs that they have been reluctant to accept in the past.
F) C) and D)
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A) $5 and 250
B) $6 and 200
C) $8 and 100
D) $8 and 400
F) All of the above
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A) 160 workers
B) 200 workers
C) 240 workers
D) There is not enough information to determine the number of workers.
F) A) and C)
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garbage co...View Answer
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A) The human-capital theory of education could be called a productivity-enhancing theory.
B) The human-capital theory of education could be called a productivity-revealing theory.
C) The signaling theory of education could be called a productivity-enhancing theory.
D) The signaling theory of education has been disproven by a number of prominent economists.
F) A) and D)
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A) interested in profits only when discrimination is illegal.
B) more interested in discrimination than in making a profit.
C) unable to determine the link between discrimination and profitability.
D) more interested in making a profit than in discriminating against a particular group.
F) A) and D)
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