Question

Policy makers have been trying to diminish the gender gap in pay for several decades. Let's begin by determining the gender gap in 2004. For both of the maps, move the timeline back to 2004. The overall statistics give two values. The first value (the National Median) is the amount earned by the person for whom half of the country earn more and half earn less. Normally in thinking about pay inequality, we give the amount that women earn for every dollar a man earns. To get that number, divide the National Median for women by the National Median for men. In 2004 how much did women earn, on average for every dollar earned by a man?
a. $0.96
b. $1.32
c. $0.76
d. $0.80

Answer 1

Answer:

c. $0.76

Explanation:

Note: The picture below contains the national median for male and female workers

National median for female workers = $31,374

National median for male workers = $41,194

Earnings of women for every dollar of man’s earnings = National median for female workers / National median for male workers

Earnings of women for every dollar of man’s earnings = 31,374/41,194

Earnings of women for every dollar of man’s earnings = 0.76