Economics Questions

On average, skyscraper window washers earn more than window washers for lower buildings. The difference in pay can be attributed to

Katie and Olivia each work for a software company. Each has identical training and education. Katie sells software at the home office, but Olivia must travel to sell the software. Katie earns $85,000 and Olivia earns $95,000. Select the best explanation for the difference in income.

Other things equal, the earnings gap between high school graduates and college graduates

Which of the following would explain why a male worker would earn more than a female worker if the workers have the same education, skills, and level of ability?

Which of the following explains differences in wages as a result of some jobs being inherently more risky than others?

A local factory employs workers in a day shift and night shift. Workers in both shifts have identical skills, training, and education. Workers prefer working the day shift. Compensating differentials would predict that

When a job application requires an applicant to have a college degree, they are providing evidence in support of the

A night security officer at a bank has a relatively high wage. Which of the following would make the wage increase?

Assume men and women in a similar occupation have the same level of education and levels of human capital. Women tend to delay entering the workforce until after the kids enter elementary school. If no discrimination exists, we would expect to see

The most unlikely reason why women tend to be underrepresented in the economics profession is because of

Less than half of the variation in wages in our economy can be explained by measurable economic variables. Therefore, variables that are difficult to measure, like ability, effort, and chance

A logical deterrent to employer discrimination in labor markets is the

A female worker with a graduate degree earns more than a male co-worker with a college degree. The extra education makes her more productive. The difference in earnings can be explained by

Which of these would be an example of labor-market discrimination assuming Josh has a higher wage than Julie? Assume Josh and Julie have identical characteristics except for the ones listed.

Which of the following is not a reason why workers may earn above-equilibrium wages?

According to the liquidity premium theory, a steep yield curve may be an indicator of

According to the liquidity premium theory, the yield curve normally has a positive slope because

According to the Gordon-Growth model, an increase in the required return on equity

Unlike the segmented markets theory, the expectations theory attributes the slope of the yield curve to

Which of the following is NOT a reason that credit ratings agencies became more relevant beginning in the late 1970s?