In general, the unemployment rate does not vary greatly by:

A. gender.
B. educational status.
C. height
D. age.


Answer: C

Economics

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The concepts of comparative advantage, specialization, and trade form a compelling argument in favor of:

A. free trade. B. protectionism. C. self-sufficiency. D. only exporting goods and not importing goods.

Economics

Which of the following is evidence of an ineffective cartel?

a. Output changes are dictated by changes in demand. b. Price changes are dictated by changes in demand. c. Members do not agree on output quotas. d. All of these.

Economics

The economic system that answers the What, How and For Whom questions using prices determined by the interaction of supply and demand is a:

a. market economy. b. command economy c. soviet economy. d. traditional economy.

Economics

Statistical discrimination refers to

a. the statistical measurement of the effects of prejudice on minorities excluded from employment b. the monetary impact of prejudice on minorities, in contrast to the nonmonetary impact c. government tracking of the economy-wide impact of discrimination against minorities d. using statistics to explain employer discrimination against minorities e. exclusion of individuals from an activity due to the probability of behavior in their group rather than personal characteristics

Economics