Doing something that is not necessarily discriminatory on its face but impacts some groups more negatively than others is called
A. rational discrimination.
B. disparate treatment discrimination.
C. statistical discrimination.
D. adverse impact discrimination.
Answer: D
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Refer to the scenario above. Which of the following will be true if Harry is known to be trustworthy?
A) The outcome will be a Nash equilibrium. B) The equilibrium outcome will be socially inefficient. C) Unique equilibrium will not occur. D) Multiple equilibria will occur.
Suppose we were analyzing the Turkish lira per euro foreign exchange market. If there is the expectation that the euro will fall in value in the near future. As a result of speculators' actions the:spot
a. Supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market falls, causing an appreciation of the euro. b. Supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market rises, causing an uncertain change in the value of the euro. c. Supply of euros in the foreign exchange market rises, and the demand for euros in the foreign exchange market falls, causing a depreciation of the euro. d. Supply of euros in the foreign exchange market falls, and the demand for euros in the foreign exchange market rises, causing an appreciation of the euro. e. Neither supply nor demand in the foreign exchange market change because relative international prices influence trade flows and not the exchange rate.
The two stage least squares estimator is less efficient than the ordinary least squares estimator when the explanatory variables are exogenous.
Answer the following statement true (T) or false (F)
"A market is said to be perfectly competitive when consumers can tell that some products are of better quality than others." Do you agree or disagree? Why?
What will be an ideal response?