When employment discrimination results from the personal prejudices of employers, economic theory suggests that
a. it is costless for employers to discriminate against groups they do not like.
b. the wages of employees who are discriminated against will rise.
c. an employer who discriminates will experience higher costs.
d. discrimination by an employer will reduce production costs since the employer can pay lower wages.
C
You might also like to view...
According to the circular flow of income and output, which of the following is not true?
A. Total income and total output must be equal. B. Goods and services flow in one direction and money payments flow in the other direction. C. In every economic? transaction, the seller receives exactly the same amount that the buyer spends. D. ?Goods, services and money all flow in one direction since money pays for the goods and services.
Ignoring any supply-side effects, if government expenditure on goods and services decrease by $10 billion and taxes decrease by $10 billion, then real GDP ________ and the price level ________
A) increases; falls B) decreases; falls C) does not change; does not change D) increases; rises E) decreases; rises
Describe briefly five major characteristics or problems of developing countries' agricultural sector. Make reference to specific countries or regions where you can
What will be an ideal response?
Explain the distinction between investment and capital.
What will be an ideal response?