Evidence of differences in the average wages of black workers compared to white workers
a. does not alone provide conclusive evidence of discrimination.
b. clearly indicates differences in productivity between races.
c. is seldom used to provide evidence of discriminatory bias.
d. clearly indicates discrimination on the basis of race.
a
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The old classical macroeconomic was based on an assumption of price and wage ________, and thus an economy that ________
A) flexibility, promptly self-corrected B) flexibility, failed to self-correct promptly C) stickiness, promptly self-corrected D) stickiness, failed to self-correct promptly
Explain how a mortgage lender may act differently if it intends to resell mortgages in secondary markets instead of holding the mortgages itself
What will be an ideal response?
Time Fixed Effects regression are useful in dealing with omitted variables
A) even if you only have a cross-section of data available. B) if these omitted variables are constant across entities but vary over time. C) when there are more than 100 observations. D) if these omitted variables are constant across entities but not over time.
Money expansion stops when new reserves introduced into the banking system have been converted into: a. excess reserves
b. securities. c. deposits. d. required reserves. e. loans.