If a woman is pregnant and her boss must decide to give a promotion that entails a move to another city in a time frame that coincides with the expected birth of her child then the boss
A. can chose to by-pass her and give the pregnancy as a legally-acceptable reason.
B. can chose to by-pass her and give the pregnancy as a legally-acceptable reason, as long as the next promotion goes to her.
C. must ignore the pregnancy in making the decision of whom to promote.
D. must give her the promotion, regardless of other candidates.
Answer: C
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Classical macroeconomic theorists believed that if there were more workers who wanted to work than there were firms who wanted to hire them, then wages would ________.
A. not change B. rise slowly C. resist falling D. fall quickly
What role does information cascade play in job interviews?
What will be an ideal response?
The theory that monetary policy conducted on a discretionary, day-by-day basis leads to poor long-run outcomes is referred to as the
A) adverse selection problem. B) moral hazard problem. C) time-inconsistency problem. D) nominal-anchor problem.
Increases in productivity per person lead to increases in per capita income, which we call:
A. economic growth. B. the GDP deflator. C. the producer productivity index. D. GDP per capita.