In a study conducted by Marianne Bertrand and Sendhil Mullianthan identical

In a study conducted by marianne bertrand and sendhil

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110) In a study conducted by Marianne Bertrand and Sendhil Mullianthan, identical resumes were sentin response to help wanted ads in newspapers, with half of the resumes assigned anAfrican-American-sounding name and half assigned a white-sounding name. The study foundthatA) employers were 50 percentlesslikely to interview workers with white-sounding names.B) no employers chose to interview workers with African-American-sounding names.C) employers were equally likely to interview workers with white-sounding names and withAfrican-American-sounding names.D) employers were 50 percentlesslikely to interview workers with African-American-soundingnames.Answer: D110)Diff: 1Page Ref: 563/563Topic: DiscriminationLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factorsupply and labor in factor marketsAACSB: Analytic Skills, Multicultural and DiversityTRUE/FALSE. WriteʹTʹif the statement is true andʹFʹif the statement is false.111) Higher wages that compensate workers for unpleasant aspects of a job are called compensatingdifferentials.111)Answer:TrueFalseDiff: 1Page Ref: 558/558Topic: Compensating DifferentialsLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factorsupply and labor in factor marketsAACSB: Reflective Thinking112) Most economists believe that only a small gap between the wages of white males and the wages ofother groups is due to education. Most of the gap is explained by discrimination.112)Diff: 1Page Ref: 560/560Topic: DiscriminationLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factorsupply and labor in factor marketsAACSB: Reflective Thinking113) As nonunion construction workers replace a unionized work force, the average wage in theconstruction sector is likely to rise.113)Diff: 2Page Ref: 565/565Topic: Labor UnionsLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factorsupply and labor in factor marketsAACSB: Analytic Skills34
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ESSAY. Write your answer in the space provided or on a separate sheet of paper.114) Why are there superstar baseball players but no superstar chiropractors?Diff: 2Page Ref: 557-558/557-558Topic: Differences in WagesLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factor supply and labor infactor marketsAACSB: Reflective Thinking115) The Equal Pay Act of 1963 requires that men and women be given equal pay for equal work in the sameestablishment. Most people agree that gender discrimination in the workplace is unfair, but many economistshave criticized advocates of comparable worth. Is paying the same wages for jobs that have comparable worthmandated by the Equal Pay Act? Why donʹt most economists support proposals to force employers to pay theirmale and female employees based on comparable worth rules?Diff: 2Page Ref: 560-562/560-562Topic: Comparable WorthLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factor supply and labor infactor marketsAACSB: Reflective ThinkingSHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.116) In the medical profession, pediatricians receive lower salaries than cardiologists. Supposethe government passes comparable worth legislation that requires hospitals to paypediatricians the same salaries as cardiologists. Explain the effect of this legislation andillustrate your answer with demand and supply graphs for the following two scenarios:a.hospitals respond by placing salaries at a level between the two existing salariesb.hospitals respond by placing pediatriciansʹsalaries at the initial level of cardiologists.116)35
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