Assume that a company has several male workers who do not give their full cooperation to female supervisors making them less effective as supervisors. Economists would refer to this type of situation as ____.
A. statistical discrimination
B. discrimination by fellow workers
C. discrimination by employers
D. non-discrimination
Answer: B
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At the utility maximizing equilibrium for two goods, X and Y, which of the following must be TRUE?
A) The marginal utility per dollar spent on X will exceed the marginal utility per dollar spent on Y. B) The total expenditure will be the same for each good. C) The marginal utility per dollar from X equals the marginal utility per dollar from Y. D) The marginal utility will be the same for each good.
Define devaluation and use a figure to show the effect of a currency devaluation on the economy
What will be an ideal response?
Velocity can be computed with the formula
a. (Annual spending)/(Money supply). b. (Annual income)/(Annual spending). c. (Average income)/(Average spending). d. (Money supply)/(Average income).
Refer to the information provided in Table 25.4 below to answer the question(s) that follow.Table 25.4
Refer to Table 25.4. If the required reserve ratio is 15%, First Charter Bank
A. is loaned up. B. has excess reserves of $100,000. C. is meeting its required reserve ratio and has $200,000 in excess reserves. D. has too few reserves on hand.