Which of the following statements most accurately describes the prevailing conclusion amongst economists regarding the gender pay gap in the United States?
Group of answer choices
a.Though much of the gender pay gap is explained in differences in choices made by individuals, approximately 3-5% of the disparity in pay between men and women remains unexplained.
b.The gender pay gap is a myth, men and women are paid the same.
c.Women, on average, make 77 cents on the dollar of what a man earns. This can mostly be explained by statistical discrimination.
d.The gender pay gap very much exists and is widening over time.
Statements most accurately describes the prevailing conclusion amongst economists regarding the gender pay gap in the United States is Women, on average, make 77 cents on the dollar of what a man earns. This can mostly be explained by statistical discrimination.
Explanation
This statement was released by Senate Joint Economic Committee Report
Which of the following statements most accurately describes the prevailing conclusion amongst economists regarding the gender...
Read, analyze, and comment on the reading and statement in green below: The '77 Cents on the Dollar' Myth About Women's Pay Once education, marital status, and occupations are considered, the "gender wage gap" all but disappears. April 8 is "Equal Pay Day," an annual event to raise awareness regarding the so-called gender wage gap. As President Obama said in the State of the Union address, women "still make 77 cents for every dollar a man earns," a claim echoed...