Why does a white male earn more than a white female

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Reference no: EM13158572

Using the economic concepts that explain differences in wages, discuss the following points. Post your response to each of the three points separately.

1. Why does a chief executive earn more than a rocket scientist working for NASA?

2. Why does a teacher earn less than a firefighter?

3. Why does a union electrician earn less than a non-union electrician?

4. Why does a white male earn more than a white female with the same level of education?

5. Why does a movie actress like Angelina Jolie earn more than a movie actress from the 1940s?

Reference no: EM13158572

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