Economics · Oct / Nov 2017 · Paper 13 · Question 10
2281Workers
A female accountant in a private firm earns $80 per hour; a male Professor of Finance in a government university earns $40 per hour. Each works the same number of hours. What could explain the difference in earnings?
- AIt is difficult to measure the output per hour in each profession.
- BPay in the private sector is profit-related but is not in the public sector.
- CQualifications of accountants are lower than those of Professors of Finance.
- DWomen are generally given preference over men in professional jobs.
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Correct answer: B. Pay in the private sector is profit-related but is not in the public sector.
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