Which of the following is the clearest evidence of employment discrimination against minority employees?
a. the average wages of minority employees are lower than the average wages of whites with similar productivity characteristics.
b. the average wage of minority workers is lower than the average wage of whites.
c. the average hours worked by minority employees exceeds the hours worked by whites.
d. the mean number of years of schooling of minority workers is lower than that of whites.
a. the average wages of minority employees are lower than the average wages of whites with similar productivity characteristics.
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When tax revenues are greater than government expenditures, the government has a budget
A) crisis. B) deficit. C) surplus. D) revision.
The large number of banks in the United States is an indication of
A) vigorous competition within the banking industry. B) lack of competition within the banking industry. C) only efficient banks operating within the United States. D) consumer preference for local banks.
The percentage of people in households with income under that which is sufficient to provide a family with a minimally adequate standard of living is the
A. poverty gap. B. poverty line. C. poverty state. D. poverty rate.
The aggregate production function is the mathematical representation of the technological relationship between
A. national output and fiscal policy. B. fiscal and monetary policy changes and national output. C. national output and inputs. D. the rate of capital accumulation and national output.