If customers are racist but employers are not, then employment discrimination will be
a. equally profitable as nondiscrimination.
b. more profitable than nondiscrimination.
c. easier to eliminate than if employers were racist but customers were not.
d. less profitable than nondiscrimination.
b. more profitable than nondiscrimination.
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Open market operations are conducted by the Fed
A) in the New York Stock Exchange. B) in the private secondary U.S. securities market. C) through the Washington location of the Federal Reserve's Bank of Governors. D) through the Bureau of Engraving.
Leverage refers to
A) the ratio of total assets of a financial institution to total liabilities. B) the ratio of the liabilities of a financial institution to equity capital.. C) the ratio of equity capital of a financial institution to the liabilities. D) the ratio of the debt of a financial institution to liabilities.
According to the human-capital view, education
a. has no effect on lifetime earnings. b. alters work ethic. c. enhances productivity. d. is an indicator of natural ability.
Complementary goods are goods:
A. that are consumed jointly. B. that are consumed in place of one another. C. for which demand increases when the price of its complementary goods increases. D. for which demand decreases when the price of its complementary goods decreases.