Which of the following refers to laws or policies that require employers to reach out to a broader range of minority job candidates?
a. Affirmative action
b. Reverse discrimination
c. Multiculturalism
d. Diversity training
a. Affirmative action
Affirmative action requires employers to reach out to a broader range of minority job candidates.
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
The structure of the Federal Reserve is ___________________.
a. semi-decentralized b. centralized c. simple d. localized
In perfect competition, entry and exit are difficult, but goods are homogeneous
Indicate whether the statement is true or false
Those who favor active policy making argue that all of the following exist EXCEPT
A) perfectly flexible wages and prices.
B) inflation and unemployment are stable in the short run and predictable in the long run.
C) pure competition is not typical.
D) aggregate demand shocks can influence real GDP and unemployment.