Regression analysis indicates that there are job-related characteristics that may explain some, if not all, of the wage gap between men and women, including hours worked, job tenure, career choice, and choice of college major
Briefly discuss the differences between men and women with respect to these four characteristics.
On average, men spend more hours working on days worked than do women. For workers between the ages of 45 and 54, men have a longer median job tenure than women. Women are generally overrepresented in low-paying careers and in college majors that lead to low-paying careers, and underrepresented in higher-paying careers and in college majors that lead to higher-paying careers. For men, it is the opposite in terms of career choice and college major.
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If a country's international reserves are increasing, then its exchange rate is ________ and there is a balance-of-payments ________.
A. undervalued; surplus B. overvalued; surplus C. overvalued; deficit D. undervalued; deficit
The total money supply in the economy will not increase if you deposit $200 given to you on your birthday in your checking account, and the bank holds $100 of that money as vault cash, and loans out the other $100
Indicate whether the statement is true or false
Figure 4-4
Given the demand and supply conditions shown in , if the government imposes a price ceiling of a, which of the following would be true?
a.
Consumers would want to buy r units.
b.
Consumers would want to buy s units.
c.
Producers would wish to sell s units.
d.
Producers would wish to sell r units.
Sport Tee Corporation manufactures T-shirts bearing the logos of professional football teams. The wholesale market for sport T-shirts is perfectly competitive. The manager forecasts the wholesale price of T-shirts next year to be $7.00. The firm's estimated marginal cost isSMC = 12 ? 0.005Q + 0.0000008Q2where Q is the number of T-shirts produced and sold each month. Sport Tee Corporation will have a fixed cost of $2,000 per month. Average variable cost at Sport Tee is
A. 12Q ? 0.0025Q2 + 0.000000266Q3 B. 12 ? 0.01Q + 0.0000024Q2 C. 12 ? 0.0025Q + 0.000000266Q2 D. 12 ? 0.0001Q + 0.000001Q2 E. none of the above