Which statement is true?
A. The lower incomes that women earn relative to those earned by men is explained entirely by employment discrimination.
B. Although there are many theories of poverty, few have any validity.
C. Much of black poverty is caused by black male joblessness.
D. None of these statements are true.
C. Much of black poverty is caused by black male joblessness.
You might also like to view...
To practice third-degree price discrimination, a pure monopoly must ________.
A. permit the resale of the product by the original buyers B. be able to separate buyers into different groups with different price elasticities C. charge one price to all buyers D. be a natural monopoly
Use the following general linear demand function below:Qd = a + bP + cM + dPRwhere Qd = quantity demanded, P = the price of the good, M = income, PR = the price of a good related in consumption.If c = 15 and d = 20, the good is
A. a normal good. B. an inferior good. C. a substitute for good R. D. a complement with good R. E. both a and c
The Tax Cut of 2003 includes all of the following provisions EXCEPT
A. The child income tax credit was raised from $600 to $1,000. B. The lowest minimum tax rate was lowered from 15 percent to 10 percent. C. The highest income tax bracket was reduced from 38.6 percent to 35 percent. D. The top personal income tax rate paid by stockholders on corporate dividends and on capital gains was lowered to 15 percent.
The price elasticity of demand measures the responsiveness of changes in price to the quantity demanded.
Answer the following statement true (T) or false (F)