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Principles of Economics Study Set 8
Quiz 19: Earnings and Discrimination
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Question 101
Short Answer
Many studies of wage discrimination have been conducted on professional sports teams. This industry is easier to study than others because the professional teams have many objective measures of
Question 102
Short Answer
Figure 19-8
-Refer to Figure 19-8. The figure shows labor demand and labor supply in a non-unionized labor market. If the current labor demand is D1 and the current labor supply is S1, when a minimum wage of $18 per hour is imposed in this market, how many unemployed workers result?
Question 103
Short Answer
Scenario 19-7 Suppose that in the competitive market for auto repair, firms prefer to hire men rather than women. Assume that the women applying for positions have the same skills, experience, and work ethic as the men. As a result of this discrimination, the demand for women is lower than it otherwise would be. -Refer to Scenario 19-7. What conclusion can you draw about women's wages compared to men's wages in this industry?
Question 104
Short Answer
Most of the time, a profit motive eliminates discriminatory behavior from a market; however, a discriminatory wage gap can persist even if the firm owners only care about profit if there is
Question 105
Essay
Is measuring the effect of discrimination on wages relatively easy or relatively difficult? Explain?
Question 106
Short Answer
What is the term for offering different opportunities to similar individuals who differ only by race, ethnic group, sex, age, or other personal characteristics?
Question 107
Essay
Studies show that white women earn approximately 25% less than white men. From this data alone, one should not conclude that white women are victims of discrimination. Name two other factors that could explain the difference in wages.