Which of the following is TRUE about Affirmative Action?

A) Affirmative action is required by Title VII.
B) Affirmative action is prohibited by Title VII.
C) Affirmative action is allowed in goverment contracts if it can show the programs are needed to overcome specific past discrimination.
D) Affirmative action programs are usually voluntary on the part of employers, since courts have no power to order remedies for past discrimination.


C

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Which of the following will NOT play a role in eliminating the shortcoming of the taxation system, particularly the fact that the tax system taxes nominal return rather than real return?

A. Eliminating taxation of interest B. Introducing inflation-indexed bonds C. Taxing only real interest income, not nominal interest income D. Reducing inflation to zero

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Haircuts and legal advice can be cited as examples of credence goods

Indicate whether the statement is true or false

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All staff members must attend one ____ training on diversity and inclusion

A) day's B) days' C) days

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Maureen is injured on the job and has to retire. Before her retirement, Maureen earned $20,000 in wages. After her retirement, her employer pays her $5,000 for vacation time that accrued before she was injured. In addition, she receives $10,000 to compensate her for sick pay from an accident and health insurance plan that was paid by her employer. How much of the above payments should Maureen include in her gross income?

A. $10,000 B. $20,000 C. $25,000 D. $30,000 E. $35,000

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