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algol13
3 years ago
5

Most economists believe that only a small gap between the wages of white males and the wages of other groups is due to education

. Most of the gap is explained by discrimination. True g
Business
1 answer:
xz_007 [3.2K]3 years ago
3 0

Answer:

The answer to the question is TRUE

Explanation:

Education is one of the most influential determinants of wages, so it is a contributing factor to the racial wage gap. Different levels of education between races lead to different salaries for different racial groups. Education affects wages as it allows access to higher status occupations that offer higher profits.

When the education of the different groups becomes more equal, the wage differences decrease, although they do not disappear.

The racial wage gap of blacks and whites has been observed to differ in the public and private sectors. When the education of the different groups becomes more equal, the wage differences decrease, although they do not disappear.

Having a university degree worsens the gap, contrary to the belief that education is key to a more egalitarian society.

The growing inequality has had a greater impact among young black graduates with university degrees in the years after the Great Recession than during any other period.

In the particular case of race, it could be said that because black individuals are on average poorer and receive lower quality education, employers prefer not to hire them, however many of the black candidates may be better able to perform the job. than the average white workers. In this case, the best educated black individuals get lower salaries due to the characteristics assigned to the group in general.

The failures that occur in the labor market are caused by the low investment in human capital that they acquire as children, which is transformed into productive human capital in adulthood.

Parental education significantly increases the returns of children's education.

Although African Americans and whites had access to similar levels of education, almost 6 percent of blacks who had higher education had no job, while among whites unemployment stood at almost half, with 3.5 Percent of unemployed among graduates.

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DJ Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the fol
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Answer:

$304,000

Explanation:

Calculation to determine How much was DJ's net income

Net cash inflow from operating activities ($262,000)

Less Account spayable decrease ($26,000)

Less Prepaid asset increase ($20,000)

Add Depreciation expense $32,000

Add Accounts receivable decrease $26,000

Add Loss on sale of depreciable asset $21,000

Add Wages payable increase $15,000

Less Unearned revenue decrease $21,000

Add Patent amortization expense $15,000

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3 years ago
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hichkok12 [17]

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Monopolistic Competition

Explanation:

4 0
2 years ago
Read 2 more answers
Sheffield Corp. estimates its sales at 150000 units in the first quarter and that sales will increase by 15000 units each quarte
Varvara68 [4.7K]

Answer:

183,750

Explanation:

Data provided in the question:

Sales in the first quarter = 150,000 units

Increase in sales each quarter = 15000 units

Ending inventory = 25% of the current sales units

Now,

Ending inventory of first quarter = 25% of Units produced in the first quarter

= 0.25 × 150,000

= 37,500

Units produced in the first quarter = Sales +  Ending inventory of first quarter

= 150,000 + 37,500

= 187,500

Units to be produced in the second quarter

= Sales in second quarter - Ending inventory of first quarter + Ending inventory

=  [ 150,000 + 15,000 ] - 37,500 + 25% of [ 150,000 + 15,000 ]

= 165,000 - 37,500 + 41,250

= 168,750

Units to be produced in the Third quarter

= Sales in third quarter - Ending inventory of second quarter + Ending inventory

=  [ 150,000 + 15,000 + 15,000 ] - 41,250 + 25% of [ 150,000 + 15,000 + 15,000 ]

= 180000 - 41,250 + 45,000

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4 0
2 years ago
The degree of pretax cash flow operating leverage at Rackit Corporation is 2.7 when it sells 100,000 units of its new tennis rac
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Answer:

the fixed costs for Rackit Corporation is $161,500.

Explanation:

Cash Flow DOL = 1 + Fixed Cost / EBITDA

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1.7 = Fixed Cost / 95,000

Fixed Cost = $161,500

Therefore, the fixed costs for Rackit Corporation is $161,500.

4 0
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