That some talented people may not enter an occupation because they have heard

That some talented people may not enter an occupation

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109) That some talented people may not enter an occupation because they have heard that people withtheir personal characteristics do not get hired in that occupation is known as A) a compensating difference.B) worker discrimination.C) economic discrimination.D) a negative feedback loop.Answer: D 109) Diff: 1 Page Ref: 564 - 565/564 - 565 Topic: Discrimination Learning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factor supply and labor in factor markets AACSB: Analytic Skills 110) Consider the following pieces of information: a. According to Bonnie Reyes, president and chief operating officer of Better Investing, a national organization of investment clubs, women have traditionally made up about 60 percent of the membership of investment clubs. By contrast, less than a third of team - managed mutual funds on Wall Street have even one woman on the management team. b. Research conducted by professors E. Brooke Harrington and Max Planck concluded that mixed investment clubs, on average, outperformed the typical single - sex investment club. c. The lack of gender diversity in Wall Street could be influenced by its reputation, according to professor Harrington, ʺ for being inhospitable to women. ʺ Source: Michael Hulbert, ʺ Strategies: At some Funds, a Gender Communications Gap ʺ , The New York Times, October 7, 2007, Sunday Money, page 5. The information presented is an example of A) economic discrimination. B) marginal productivity theory. C) a negative feedback loop. D) the absence of comparable worth. 110) Answer: C Diff: 2 Page Ref: 564 - 565/564 - 565 Topic: Discrimination Learning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factor supply and labor in factor markets AACSB: Analytic Skills 111) The primary purpose of labor unions is to 111) Diff: 1 Page Ref: 565/565 Topic: Labor Unions Learning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factor supply and labor in factor markets AACSB: Reflective Thinking 35
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  • Economics, Harshad number, AACSB, Page Ref, factor demand

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