Based on labor-market studies using regression analysis, once productivity-related characteristics are accounted for, the remaining wage gap between women and men is approximately
A) 2%.
B) 5%.
C) 15%.
D) 20%.
B
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Government imposed quantitative limits on the amount of pollution firms are allowed to produce is an example of
A) the Pigovian method of pollution control. B) a tradable emission allowance system of pollution control. C) a Coasian solution to pollution reduction. D) a command-and-control approach to pollution reduction.
Explain the dynamic rationale for economic integration among developing countries
What will be an ideal response?
Why has M2 grown more quickly than M1 in recent decades?
A) Currency in circulation has declined. B) People own more shares of stock than in the past. C) The amount of funds in CDs and money market mutual funds shares has grown faster than currency or checking deposits. D) Most people use debit cards instead of checking accounts.
Which of the following is a normative statement?
A. Fiscal policy is determined by the Congress and the president. B. Tax cuts ought to be enacted for the good of the economy. C. Monetary policy is determined by the Federal Reserve System. D. The Gross Domestic Product is the dollar value of all goods and services produced in a country in a year.