Of the following reasons for unemployment, which will increase most because of a recession?
A. New job market entrants.
B. Workers that have reentered into the job market.
C. Workers that have lost their jobs.
D. Workers that have left their jobs.
Answer: C
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If the cross elasticity of demand is negative, that means the goods
A) have elastic demands. B) have inelastic demands. C) are complements. D) are substitutes. E) are inferior.
A study using data from the late 1960s showed that black baseball players earned less than comparable white players. Studies of more recent salaries in baseball, however, have found no evidence of discriminatory wage differentials
a. True b. False Indicate whether the statement is true or false
A natural correction to employer discrimination in market economies is the
a. threat of judicial review. b. profit motive. c. political process. d. union movement.
By 2006 and 2007, foreclosure rates in some previously-booming states, such as Nevada and Colorado, were
A. one hundred times the national average. B. three times the national average. C. roughly equal to the national average. D. still far below the national average.