PRINC OF ECONOMICS PKG >CUSTOM<
7th Edition
ISBN: 9781305018549
Author: Mankiw
Publisher: CENGAGE C
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Chapter 19, Problem 8PA
To determine
Discrimination and wage differential.
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An example of a policy that combats discrimination is:
Equal employment opportunity legislation
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All of the above
In the Whirlpool case, the Supreme Court ruled that
a. employees have a right to refuse drug testing
b. employees have a right to sue employers for unsafe working conditions
c. employees have a right to privacy
d. employees have a right to refuse dangerous work
According to David Ewing, two factors explain the absence of civil liberties and the prevalence of authoritarianism in the workplace. Which of the following is one of them?
a. the repeal of the Wagner Act
b. discriminatory employment practices due to the passage of the Taft-Hartley Act
c. employer resistance to unionization
d. the rise of personnel engineering and professional management
Chapter 19 Solutions
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- By bargaining for higher wages, unions will likely reduce the quantity of labor demanded by employers unless.arrow_forwardThe principle of negligent hiring states a. potential employees must exercise due care when deciding whether to take a job at a company b. not hiring enough workers is negligent because it increases the workload of employees and may lead to defective products c. employers may be liable if their employees cause harm to to others, even if they are not on the job site d. hiring too many workers is negligent because it drives down wagesarrow_forwardEntrepreneurs absorb the risk of starting and running a company. Is Kennedy right about allowing employers to set the wage and not the employee? Explain your answer.arrow_forward
- Explain your answer comprehensively about the question stated below: Suppose Congress were to mandate that all employers had to offer their employees a life insurance policy worth at least $50,000. Use Economic Theory and concepts, both positively and normatively, to analyze the effects of this mandate on employee well-being. What effect does this mandate have on the demand for labor? Use also curve to demonstrate the answer.arrow_forwardIn 1992, the NLRB issued a decision in the Electromation case that: Ruled that quality circles were illegal Established that a company appointed employee committee was not necessarily illegal just because it talked to management about wages, hours, and working conditions Ruled that any employee committee formed by management was illegal because it served to keep unions out Ruled that employee committees formed by management for the purpose of understanding employee concerns over wages, hours, and working conditions violated Section 8(a)(2) of the NLRAarrow_forwardDoes a gap between the average earnings of men and women, or between whites and blacks, prove that employers are discriminating in the labor market? Explain briefly.arrow_forward
- According to the Economics Policy Institute (Mishel and Wolfe, 2019) CEO pay has grown 940% since 1978 while the compensation of the average worker has only risen 12%. While you can easily find sources that provide statistics that conflict with these numbers, you would be hard pressed to find any credible source that refutes the idea that the rate of pay of CEO’s and other upper-level managers has not dramatically increased relative to an organization’s lower-level employees in just about any 10 or more year period over the past 60 years. In the world of Adam Smith, the “invisible hand” of the free market capitalistic model would address inequities/out of balances. Are the forces represented by the “invisible hand” working? Why or why not? Is there an ethical dimension to the discussion of upper-level manager compensation? Why or why not? How does (or does it?) levels of pay of upper management impact the rest of us commoners?arrow_forwardAccording to a 2016 article in the Wall Street Journal, “After years of relative equilibrium, the job market for nurses is heating up in many markets, driving up wages and sign-on bonuses for the nation’s fifth-largest occupation.” Many nurses who previously delayed their retirement due to the 2008 recession had begun to retire, resulting in a retirement wave that caused nurses to exit the workforce in greater numbers than new nurses were entering. At the same time, demand for nurses had increased due to the additional health care coverage associated with job growth over the previous decade since the recession and the Affordable Care Act. Draw a demand and supply graph illustrating these developments in the market for nurses. Based on your diagram, forecast what will happen to the equilibrium wage for nurses as a result of the shift(s)? Is this consistent with what we actually observed? Briefly discuss whether this problem provides enough information to determine whether the…arrow_forwardAccording to the idea of comparable worth, a firm employing secretaries and steelworkers should ideally pay equal wages to both the groups of workers irrespective of the type of job each group does. True or False?arrow_forward
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