Statistical discrimination using gender and age:
A. is legal in the insurance market, but not the job market.
B. is legal in any market, but using race is not.
C. is legal in the job market, but not the insurance market.
D. is illegal in any market.
Answer: A
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Import-substitution development policies have been especially effective in promoting employment in newly industrializing sectors because these policies discourage the import of foreign capital goods
Indicate whether the statement is true or false
Between 1929 and 1933, nominal interest rates ___, and real interest rates ___
a. rose, rose b. rose, fell c. fell, rose d. fell, fell
Individual demand curves are summed horizontally to obtain the market demand curve
a. True b. False Indicate whether the statement is true or false
James is currently unemployed. He is disappointed every Sunday when none of the job advertisements in the newspaper are for workers with his particular skill set. What type of unemployment is James experiencing?
A. natural unemployment B. seasonal unemployment C. cyclical unemployment D. structural unemployment E. frictional unemployment