If a firm refuses to hire any minorities due to a personal prejudice, its profits
a. will increase markedly.
b. will not be affected.
c. will increase slightly.
d. will decrease.
d. will decrease.
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The slope of a negative relationship is
A) negative. B) undefined. C) positive to the right of the maximum point and negative to the left. D) constant as long as the relationship is nonlinear.
Direct finance refers to the flow of funds from savers to borrowers through financial markets
Indicate whether the statement is true or false
The official poverty level is based on
A) total net worth. B) pretax income, and includes cash subsidies but does not include in-kind subsidies such as food stamps. C) after-tax income, and includes both cash and in-kind government subsidies. D) wages and salaries, plus any unreported amounts of income from the underground economy.
Which of the following would cause the dollar to appreciate?
A) an increase in the demand for dollars B) a decrease in the demand for dollars C) an increase in the supply of dollars D) an increase in the demand for imports from foreign countries