Question

In: Economics

Suppose that differences in skills explain part of the difference in wages by race. Wage differences...

Suppose that differences in skills explain part of the difference in wages by race. Wage differences arising from skill differences.




May result from past discrimination in access to education.




Are not attributable to present or past discrimination.

Solutions

Expert Solution

Ans. Yes, this statement is true that differences in skills explain part of the differences in wages by race it means if there is any difference in the wage rate then it totally depends on the skill of the person.

The skills are directly related with the productivity it means if the skills are high then the productivity is also high and if these skills are low then the productivity is also low so if anything is more productive then it is directly related with the efficiency and effectiveness of the person and it is possible because of the skills.

The policy of wage discrimination is applicable in the stage of productivity.

Discrimination in access to education means these skills are based on the availability of education and proper training.

A highly skilled person is backed by education and skills, therefore the wage discrimination is also on the basis of the discrimination of the skills among the people.

The attributability is possible when there is the availability of past discrimination policies.

The sufficient return is only applicable when the comparison is on the basis of efficiency of the employees therefore it is important to understand that discrimination is important in the enhancement of the productivity in the economy.



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