keannu
VIP Member
- Joined
- Dec 27, 2010
- Member Type
- Student or Learner
- Native Language
- Korean
- Home Country
- South Korea
- Current Location
- South Korea
Source : Special Lecture on SAT, 2022, page 96, 8-8
People’s perceptions of their position in wealth and income distributions are often inaccurate. Those who have a little tend to overestimate their position, and people who have a lot tend to underestimate it. ① There is a general tendency to under-report wages in survey questionnaires, though. ② And this is further affected by how satisfied people are with their wages. ③ No business which depends for existence on paying less than living wages to its workers has any right to continue. ④ Using a sample of workers from France, researchers compared how much employers said that the employees earned each month with how much the employees themselves said that they earned. ⑤ Those who were less satisfied with their wages (the majority of people) tended to under-report the figure, but those who were more satisfied with their wages tended to over-report them.
=========================================
By "under-report the figure" ,does it mean the an employee said $30,000/yr when he actually earns $40,000/yr?
I don't think this rarely happens among office workers. Who would fake his or her annual income?
Or does it mean that even if the employee earns $60,000/yr, he or she said their income is low when it's not the low compared to others?
People’s perceptions of their position in wealth and income distributions are often inaccurate. Those who have a little tend to overestimate their position, and people who have a lot tend to underestimate it. ① There is a general tendency to under-report wages in survey questionnaires, though. ② And this is further affected by how satisfied people are with their wages. ③ No business which depends for existence on paying less than living wages to its workers has any right to continue. ④ Using a sample of workers from France, researchers compared how much employers said that the employees earned each month with how much the employees themselves said that they earned. ⑤ Those who were less satisfied with their wages (the majority of people) tended to under-report the figure, but those who were more satisfied with their wages tended to over-report them.
=========================================
By "under-report the figure" ,does it mean the an employee said $30,000/yr when he actually earns $40,000/yr?
I don't think this rarely happens among office workers. Who would fake his or her annual income?
Or does it mean that even if the employee earns $60,000/yr, he or she said their income is low when it's not the low compared to others?
Last edited:
