An employer who refuses to hire women because of the chance they may quit for childbearing purposes is engaging in statistical discrimination
a. True
b. False
Indicate whether the statement is true or false
True
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If a number equal to the mean (average) of a series of observations is added to the series, the new mean is:
A) greater than the original mean. B) smaller than the original mean. C) same as the original mean. D) either greater or smaller than the original mean depending on the number of observations in the series.
Between 1860 and 1910, output in manufacturing, mining, and railroad freight hauling
a. expanded more rapidly than the labor force in these sectors. b. grew at about the same rate as the labor force in these sectors. c. grew more slowly than the labor force in these sectors. d. expanded, while the labor force in these sectors declined.
Total revenue is maximized where demand is inelastic
a. True b. False
Many economists are in favor of increased immigration of adult foreigners who possess high levels of skills and education. Why?
A. Economists are very caring individuals. B. Economists believe this is a way to increase understanding among different ethnic groups. C. Economists believe foreigners will work cheaper. D. Economists believe this will increase aggregate supply.