Linda applies for a job in construction, but she never gets an interview, while her four male friends do. Linda is probably a victim of ______.
a. the Gini coefficient
b. the Lorenz curve
c. wage discrimination
d. job-entry discrimination
d. job-entry discrimination
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An example of technological development is to increase output through
a. raising pay. b. working longer hours. c. hiring more workers. d. using better machines.
If the interest rate rose above the equilibrium rate, people would attempt to __________ bonds. Bond prices would __________ and the interest rate would __________
A) sell; rise; fall B) buy; rise; fall C) sell; fall; rise D) buy; rise; rise
To avoid employees "gaming" the system
a. Try to anticipate the more obvious games b. Adjust the compensation scheme to avoid the most obvious games c. Monitor outcomes to ensure that you are getting the behavior you desire d. All of the above
Justification of a government program based on the jobs that it will create rather than the merits of the program itself is known as the: a. law of unintended consequences. b. invisible hand
c. crowding out effect. d. broken window fallacy.