In terms of weekly earnings for full-time workers,
A. black workers earn about 77% of what white workers earn.
B. black workers earn about 42% of what white workers earn.
C. black workers earn about 58% of what white workers earn.
D. black workers earn about the same as whites.
Answer: A
You might also like to view...
Which of the following is included as income when paying federal income tax?
a. Medicare payments b. food stamps c. money earned from rent d. municipal bond interest
When disposable income is 3500, induced consumption is
A. -500.
B. 0.
C. 500.
D. 750.
Answer the following statement true (T) or false (F)
1) An increase in demand accompanied by an increase in supply will increase the equilibrium quantity, but the effect on equilibrium price will be indeterminate. 2) A government subsidy per unit of output increases supply. 3) Consumers buy more of normal goods as their incomes rise. 4) Toothpaste and toothbrushes are substitute goods.
Credit card companies require low minimum payments that impose significant interest costs on consumers choosing to pay the minimum. Recent legislation has required credit card companies to show on customer billing statements how much interest would be
paid and how long it would take to repay the current balance if only the minimum is paid. Behavioral economists would expect this legislation to: Credit card companies require low minimum payments that impose significant interest costs on consumers choosing to pay the minimum. Recent legislation has required credit card companies to show on customer billing statements how much interest would be paid and how long it would take to repay the current balance if only the minimum is paid. Behavioral economists would expect this legislation to: