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12 Cards in this Set
- Front
- Back
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Some factors other than gender that have an effect on an employee's earnings are: |
All of the Above |
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Studies in Europe show that a woman with a child will see her pay decrease after the birth of her first child and will only begin to recover once the child reaches the age of 20. |
True |
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Men see a similar decline in pay associated with having children that women see. |
False |
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Men represent what percent of occupational fatalities? |
0.92 |
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The lowest hourly wage firms may legally pay their workers is called _________ wage. |
minimum |
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The short-run correlation between minimum wage and employment is a _________ one. |
Negligible |
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The long-run correlation between minimum wage and employment is a _________ one. |
Negative |
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An unintended consequence of increased minimum wage is increased discrimination when hiring minimum wage employees. |
True |
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The stated goal of increasing minimum wage is to enable the lowest-paid employees to earn a __________ wage. |
living |
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Though the number of people living in poverty in the US has ___________ over the past five decades the percentage of people living in poverty in the US has ______________. |
stayed the same decreased |
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The ability to move around the income distribution is called income ___________. |
mobility |
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In the past the top 1% of earners in the US accounted for 9% of the income in the US. Today the top 1% accounts for approximately 17%. This would indicate that the income inequality is doing what in the US? |
Increasing |
