Traditionally blacks have earned about _____% of what whites have earned.
A. 20
B. 40
C. 60
D. 80
C. 60
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Today 1 euro can be purchased for $1.10. This is the
A) spot exchange rate. B) forward exchange rate. C) fixed exchange rate. D) financial exchange rate.
Professional female basketball players make far less income than do professional male basketball players. Why?
A. compensating differentials B. gender discrimination C. The supply of female players is far greater than the supply of male players. D. The demand for female players is far less than the demand for male players.
Which of the following conclusions is not supported by the Three-Sector-Model?
a. A higher GDP Price Index in a nation increases the ability and willingness of domestic businesses to supply goods and services, but it decreases consumers' willingness and ability to buy them. b. An increase in the supply of a nation's currency in the foreign exchange market lowers its international value. c. An increase in nation's demand for goods and services within the Keynesian range is often accompanied by a strong rise in the consumer price index. d. A decrease in nation's demand for goods and services within the Intermediate range usually leads to higher employment.
If Nate takes out a $5,000 loan for one year at 10 percent annual interest, the principal is:
A. $500. B. $5,000. C. $1000. D. $5,500.