Gradual emancipation laws adopted by some Northern states:
a. used tax revenues to compensate slave owners for the financial loss associated with freeing slaves.
b. provided for all newborn children of slaves to be freed at birth.
c. provided for the freedom of female slaves, but not male slaves.
d. recognized that after age 10 the cost of a slave to the owner was less than the benefit of a slave to the owner.
d. recognized that after age 10 the cost of a slave to the owner was less than the benefit of a slave to the owner.
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An advantage of the household survey over the establishment survey of the labor market is that the household survey
A) omits persons employed at newly opened firms. B) is based on actual payrolls, rather than on unverified answers. C) includes the number of self-employed persons. D) includes the number of discouraged workers.
Owners and managers
A) must be the same people. B) may be different people with different goals, and in the long run firms that do best are those in which the managers are allowed to pursue their own independent goals. C) may be different people with different goals, but in the long run firms that do best are those in which the managers pursue the goals of the owners. D) may be different people with different but exactly complementary goals. E) may be different people with the same goals.
Which of the following reasons will most likely explain the occurrence of discrimination that is not related to personal prejudice?
a. A desire to avoid associating with certain groups of people b. A lack of communication skills of workers seeking jobs c. A lack of information d. A lack of proper technical expertise e. Too many people applying for the same job
Economists before Keynes assumed that equilibrium GDP occurred
a. automatically. b. only with the help of government stabilization. c. if spending was generally greater than output. d. only in socialist economies with central planning.