Question 1

Which of the following is true about those graduating with college degrees?

Accepted Answer

A) The proportion of college degrees earned by women has been declining in recent decades. 
B) The proportion of college degrees earned by women has been virtually constant during the last four decades. 
C) In 2008, only about 42 percent of those graduating from college were women. 
D) In 2008, only about 42 percent of those graduating from college were men. 
A) The proportion of college degrees earned by women has been declining in recent decades. 
B) The proportion of college degrees earned by women has been virtually constant during the last four decades. 
C) In 2008, only about 42 percent of those graduating from college were women. 
D) In 2008, only about 42 percent of those graduating from college were men.

Question 2

If an employer could really hire women who were willing and able to do the same work as men for 20 percent less, profit-seeking employers would have

Accepted Answer

A) a strong incentive to hire more women, which would shrink this differential. 
B) little incentive to hire women, since hiring men would still be more profitable. 
C) a strong incentive to hire fewer women, and this would reduce the wage gap between men and women. 
D) a strong incentive to hire fewer women, which would expand the wage gap between men and women to an even higher level. 
A) a strong incentive to hire more women, which would shrink this differential. 
B) little incentive to hire women, since hiring men would still be more profitable. 
C) a strong incentive to hire fewer women, and this would reduce the wage gap between men and women. 
D) a strong incentive to hire fewer women, which would expand the wage gap between men and women to an even higher level.

Question 3

When employment discrimination results from the personal prejudices of employers, economic theory suggests that

Accepted Answer

A) competitive forces will tend to reduce discrimination. 
B) the wages of employees who are discriminated against will rise. 
C) an employer who discriminates will have the same costs as those who do not discriminate. 
D) discrimination by an employer will reduce production costs since the employer can pay lower wages. 
A) competitive forces will tend to reduce discrimination. 
B) the wages of employees who are discriminated against will rise. 
C) an employer who discriminates will have the same costs as those who do not discriminate. 
D) discrimination by an employer will reduce production costs since the employer can pay lower wages.

Question 4

Since 1980, the female/male annual earnings ratio of full-time workers has been ____, while the labor force participation rate of women has been ____ during this same period.

Accepted Answer

A) rising; declining 
B) rising; increasing 
C) falling; increasing 
D) falling; declining 
A) rising; declining 
B) rising; increasing 
C) falling; increasing 
D) falling; declining

Question 5

During the decade following the passage of the 1962 equal pay legislation and the 1964 civil rights legislation,

Accepted Answer

A) the male/female wage differential became much smaller. 
B) the male/female wage differential became much larger. 
C) there was little change in the earnings of women relative to men. 
D) the educational choices of women and men became less similar. 
A) the male/female wage differential became much smaller. 
B) the male/female wage differential became much larger. 
C) there was little change in the earnings of women relative to men. 
D) the educational choices of women and men became less similar.

Question 6

When employment discrimination results from the personal prejudices of employers,

Accepted Answer

A) only legal requirements will be able to reduce the amount of employment discrimination. 
B) competitive markets will generally tend to promote discrimination as firms try to lower their costs to increase their profits. 
C) competitive markets will tend to make it costly for employers to discriminate, reducing the amount of discrimination. 
D) none of the above will be true. 
A) only legal requirements will be able to reduce the amount of employment discrimination. 
B) competitive markets will generally tend to promote discrimination as firms try to lower their costs to increase their profits. 
C) competitive markets will tend to make it costly for employers to discriminate, reducing the amount of discrimination. 
D) none of the above will be true.

Question 7

Which of the following is true?

Accepted Answer

A) Due to anti-employment discrimination legislation that was passed in the early 1960s, there was a large increase in the earnings of women relative to men in the 1960s and 1970s. 
B) The female/male earnings ratio for full-time workers has been virtually constant since 1980. 
C) The number of women preparing for careers as professionals has increased substantially since the 1980s. 
D) In recent years only about 40 percent of those completing college degrees were women. 
A) Due to anti-employment discrimination legislation that was passed in the early 1960s, there was a large increase in the earnings of women relative to men in the 1960s and 1970s. 
B) The female/male earnings ratio for full-time workers has been virtually constant since 1980. 
C) The number of women preparing for careers as professionals has increased substantially since the 1980s. 
D) In recent years only about 40 percent of those completing college degrees were women.

Which of the following is true about those graduating with college degrees?

If an employer could really hire women who were willing and able to do the same work as men for 20 percent less, profit-seeking employers would have

When employment discrimination results from the personal prejudices of employers, economic theory suggests that

Since 1980, the female/male annual earnings ratio of full-time workers has been , while the labor force participation rate of women has been during this same period.

During the decade following the passage of the 1962 equal pay legislation and the 1964 civil rights legislation,

When employment discrimination results from the personal prejudices of employers,

Which of the following is true?

The Economic Approach

A: Some Tools of the Economist

B: Some Tools of the Economist

A: Supply, Demand, and the Market Process

B: Supply, Demand, and the Market Process

A: Supply and Demand: Applications and Extensions

B: Supply and Demand: Applications and Extensions

Difficult Cases for the Market and the Role of Government

The Economics of Collective Decision-Making

Consumer Choice and Elasticity

A: Costs and the Supply of Goods

B: Costs and the Supply of Goods

A: Price Takers and the Competitive Process

B: Price Takers and the Competitive Process

Price-Searcher Markets With Low Entry Barriers

A: Price-Searcher Markets With High Entry Barriers

B: Price-Searcher Markets With High Entry Barriers

The Supply of and Demand for Productive Resources

Earnings, Productivity, and the Job Market

Investment, the Capital Market, and the Wealth of Nations

Income Inequality and Poverty

Appendix: Government Spending and Taxation

Appendix: the Economics of Social Security

Appendix: the Stock Market: Its Function, Performance, and Potential As an Investment Opportunity

Appendix: Great Debates in Economics: Keynes Versus Hayek

Appendix: the Crisis of 2008: Causes and Lessons for the Future

Appendix: Lessons From the Great Depression

Appendix: the Economics of Healthcare

Appendix:education: Problems and Performance

Appendix: the Question of Resource Exhaustion

Appendix: Do Labor Unions Increase the Wages of Workers

Appendix: Difficult Environmental Cases and the Role of Government

Filters

Exam 24: Appendix: Earnings Differences Between Men and Women

Which of the following is true about those graduating with college degrees?

If an employer could really hire women who were willing and able to do the same work as men for 20 percent less, profit-seeking employers would have

When employment discrimination results from the personal prejudices of employers, economic theory suggests that

Since 1980, the female/male annual earnings ratio of full-time workers has been ____, while the labor force participation rate of women has been ____ during this same period.

During the decade following the passage of the 1962 equal pay legislation and the 1964 civil rights legislation,

When employment discrimination results from the personal prejudices of employers,

Which of the following is true?

The Economic Approach

A: Some Tools of the Economist

B: Some Tools of the Economist

A: Supply, Demand, and the Market Process

B: Supply, Demand, and the Market Process

A: Supply and Demand: Applications and Extensions

B: Supply and Demand: Applications and Extensions

Difficult Cases for the Market and the Role of Government

The Economics of Collective Decision-Making

Consumer Choice and Elasticity

A: Costs and the Supply of Goods

B: Costs and the Supply of Goods

A: Price Takers and the Competitive Process

B: Price Takers and the Competitive Process

Price-Searcher Markets With Low Entry Barriers

A: Price-Searcher Markets With High Entry Barriers

B: Price-Searcher Markets With High Entry Barriers

The Supply of and Demand for Productive Resources

Earnings, Productivity, and the Job Market

Investment, the Capital Market, and the Wealth of Nations

Income Inequality and Poverty

Appendix: Government Spending and Taxation

Appendix: the Economics of Social Security

Appendix: the Stock Market: Its Function, Performance, and Potential As an Investment Opportunity

Appendix: Great Debates in Economics: Keynes Versus Hayek

Appendix: the Crisis of 2008: Causes and Lessons for the Future

Appendix: Lessons From the Great Depression

Appendix: the Economics of Healthcare

Appendix:education: Problems and Performance

Appendix: the Question of Resource Exhaustion

Appendix: Do Labor Unions Increase the Wages of Workers

Appendix: Difficult Environmental Cases and the Role of Government

Filters

Since 1980, the female/male annual earnings ratio of full-time workers has been , while the labor force participation rate of women has been during this same period.