A) earnings of college graduates were mostly unrelated to the toughness of their colleges' admissions standards.
B) students from low-income families had little or nothing to gain by being admitted to a college that has tough admissions standards.
C) earnings of college graduates were only slightly higher than earnings of high school graduates.
D) people who attended colleges where sports are important have higher incomes than people who attended colleges where sports are not important.
F) A) and C)
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A) Kim has more human capital relative to Jackie.
B) Kim has less human capital relative to Jackie.
C) Kim has been discriminated against because she is young.
D) Jackie has been discriminated against because she is old.
F) A) and B)
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B) False
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A) both the human-capital and the signaling theories of education.
B) the human-capital but not the signaling theory of education.
C) the signaling but not the human-capital theory of education.
D) neither the human-capital nor the signaling theory of education.
F) None of the above
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A) risen as the demand for skilled labor has increased relative to the demand for unskilled labor.
B) risen as the demand for skilled labor has decreased relative to the demand for unskilled labor.
C) fallen as the demand for skilled labor has increased relative to the demand for unskilled labor.
D) fallen as the demand for skilled labor has decreased relative to the demand for unskilled labor.
F) None of the above
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A) level of education.
B) attitude toward the tradeoff between labor and leisure.
C) gender.
D) All of the above are correct.
F) B) and C)
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A) wages of individuals differ on the basis of some recognizable attribute that is unrelated to productivity.
B) wage rates differ for similar jobs.
C) consumers prefer to shop at some stores, and not at others.
D) All of the above are correct.
F) B) and D)
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B) False
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A) Ashley has more human capital relative to Mary.
B) Mary has more human capital relative to Ashley.
C) Mary has received a compensating differential
D) Ashley has received a compensating differential.
F) A) and B)
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B) False
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B) False
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A) clearly illustrates differences in productivity between genders.
B) provides conclusive evidence of discrimination on the basis of gender.
C) is seldom used to provide evidence of discriminatory bias.
D) does not provide conclusive evidence of discrimination.
F) B) and C)
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A) a compensating differential.
B) a wage adjustment.
C) an efficiency wage.
D) a minimum wage.
F) None of the above
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A) high-school teacher
B) anchorperson for a national news program
C) heart surgeon
D) All of the above are correct.
F) C) and D)
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B) False
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A) engineering classes are universally less difficult than are education classes at the university.
B) engineers have lower intrinsic job satisfaction than public school teachers.
C) wage discrimination is more likely in markets for public school teachers.
D) there is no compensating wage differential that applies to public school teachers.
F) A) and D)
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A) some of the wage gap is explained by efficiency wages.
B) differences in years of work experience likely lead to productivity differences between men and women.
C) compensating differentials usually lead to higher wages for women.
D) All of the above are correct.
F) A) and D)
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A) (i) and (ii)
B) (ii) and (iii)
C) (i) and (iii)
D) (i) , (ii) , and (iii)
F) B) and D)
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A) represents the accumulation of investments in people, such as education and on-the-job training.
B) represents the types of capital built by people rather than by machines.
C) is less important to the economy's production than physical capital.
D) Both a and b are correct.
F) B) and D)
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A) doing so is more efficient than paying them the market wage.
B) paying workers less gives them the incentive to work harder.
C) workers and management gain at the expense of the stockholders of the company.
D) workers have the incentive to work harder, thus increasing their marginal productivity.
F) A) and D)
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