The crowding of women, African-Americans, and certain ethnic groups into less desirable, lower-paying occupations is:
A. Employment discrimination
B. Human capital discrimination
C. Statistical discrimination
D. Occupational segregation
D. Occupational segregation
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What did the HPAE do to share wealth across all levels of society?
What will be an ideal response?
Refer to Figure 14.2. Other things equal, a movement from point C to point B would be caused by
A) an increase in the price level. B) a decrease in the price level. C) a positive supply shock. D) a negative supply shock.
A firm that is seeking to minimize costs to produce a certain outputĀ
A. has a fixed budget B. has a large budget C. wants to use the smallest possible budget possible D. wants to use the same budget as that used last year
McSweed Cleaning Co is a partnership between Tom McSweed and his wife's accountant. The accountant provided $40,000 in initial start-up capital (along with record keeping services) to Tom's provision of day-to-day staff coordination and back-breaking work. They recently shut down with $45,000 in debt after selling the business assets. For how much debt is each partner responsible?
a. $45,000 b. an equal share c. proportionate to their initial investment d. none e. $5,000 for Tom and $40,000 for the accountant