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A woman is most likely to earn as much as a man in the same occupation if she is a (LO8) a) cashier b) lawyer c) college professor d) physician

Short Answer

Expert verified
The short answer is: c) College professor, as the academic field typically offers more transparency with regards to wages and a higher likelihood of equal pay for equal work.

Step by step solution

01

Evaluate the given options

In this step, we will evaluate each given occupation and determine which one has the highest likelihood of a woman earning the same amount as a man. a) Cashier: Typically, a cashier's wage is lower compared to other professions and there may be less wage disparity between men and women. However, this is just an assumption and we need to compare with other options. b) Lawyer: In the legal profession, there might still be some gender-based wage disparity. However, determining the likelihood of a woman earning the same as a man in this profession would require more specific information. c) College professor: College professors work in academia, where there tends to be more transparency with salaries and a higher likelihood of equal pay regardless of gender. d) Physician: In the medical profession, gender-based wage disparities are known to exist. Therefore, the likelihood of a woman earning the same as a man in this profession may not be as high as other options.
02

Determine the correct answer

Based on the evaluation of the options in Step 1, we can conclude that a woman is most likely to earn as much as a man in the same occupation if she is a: c) College professor The reasoning behind this is that the academic field typically offers more transparency with regards to wages and a higher likelihood of equal pay for equal work.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Occupational Wage Disparity
Occupational wage disparity refers to the difference in earnings between different jobs, and often between genders within the same profession. It's essential to understand that various factors contribute to this disparity, including occupational segregation, where men and women work in different jobs with varying pay scales, and discrimination, where women are paid less for the same work.

For instance, traditionally female-dominated roles such as nursing or teaching may offer lower salaries compared to male-dominated sectors like engineering or finance. Within the same occupation, differences also exist. A female lawyer, for example, may experience lower earnings compared to her male counterparts due to fewer opportunities for high-paying cases or promotions.

Addressing these issues requires a multifaceted approach, including education on the value of different roles, encouragement for women to enter higher-paying fields, and policies promoting equal opportunities and pay equity.
Equal Pay for Equal Work
The principle of 'equal pay for equal work' is rooted in the idea that individuals performing the same job should receive the same remuneration, regardless of gender, ethnicity, or any other characteristic not related to job performance. Despite this being a clear goal, achieving it has been an ongoing challenge.

Pay disparities might stem from implicit biases during salary negotiations, differences in work experience, or even variance in job performance perceptions. Employers and governments often strive to create a level playing field, but ensuring compliance and overcoming societal expectations is complex.

Effective strategies to promote equal pay include establishing clear and objective criteria for determining pay, regular pay audits to identify and rectify discrepancies, and legislative measures that protect and advance pay equity.
Transparency in Academia Salaries
Transparency in academia salaries is often referenced as a potential solution to achieve gender wage parity. Unlike in many private sector jobs, salaries in academia are frequently public or at least more transparent due to their ties to government or institutional funding.

This transparency can act as a self-regulating mechanism that discourages discrimination and encourages equal pay for equal work. When salary scales are openly available, it's harder for unjust disparities to go unnoticed. Moreover, unions and faculty associations in academic institutions often advocate for transparent and equitable salary policies, which benefits the push for the close of the gender wage gap.

Higher education institutions also conduct regular faculty salary reviews, which may lead to salary adjustments to ensure fairness. However, it's important to note that transparency alone doesn't guarantee equity, but it is a valuable step in the right direction.

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Most popular questions from this chapter

Statement 1: A college diploma is still a necessary condition for a person moving from the secondary to the primary labor market, but that diploma is no longer a sufficient condition. Statement 2: Professional basketball (especially the National Basketball Association) is an example of a winner-take-all market. (LO1, 3, 9) a) Statement 1 is true and statement 2 is false. b) Statement 2 is true and statement 1 is false. c) Both statements are true. d) Both statements are false.

Beth Schulman makes the point that workers in nursing homes, retail stores, hotels, and child care are (LO6) a) well paid considering that their work is not very important b) lucky they have jobs at all c) doing important work, but not being paid enough money d) not well paid, but generally well regarded by their employers

Which statement about production workers is true? (LO6) a) They earn more in the United States than anywhere else in the world. b) They earn more in the United States than almost anywhere else in the world. c) They earn about the same in the United States as in most other countries. d) They earn less in the United States than in most other countries.

According to the theory of the backward-bending labor supply curve, (LO2) a) first the substitution effect sets in, then the income effect b) first the income effect sets in, then the substitution effect c) the substitution effect and the income effect set in at the same time d) there is neither a substitution effect nor an income effect

Which statement is true about incomes in the United States? (LO8, 9) a) Almost everyone earns about the same income. b) Almost everyone is either very rich or very poor. c) There is a wide disparity in income. d) None of the above.

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