Which statement is true?
A. There is no evidence whatsoever to support the contention that women, blacks, Hispanics, and other minorities are victims of employment discrimination.
B. The relatively lower wages earned by women and minorities can be explained entirely by employment discrimination.
C. The poverty of women, blacks, and Hispanics can be explained almost entirely by their low earnings.
D. None of these statements are true.
D. None of these statements are true.
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Which of the following statements is true of marginal analysis?
A) Marginal analysis is a tool used in optimization in levels. B) Marginal analysis compares the consequences of doing one more step of something. C) Marginal analysis of alternatives will mostly give an outcome different from optimization in levels. D) Marginal analysis involves the calculation of total net benefits of all the available alternatives.
Robert Higgs and Louis Stettler (1970) find evidence to suggest that colonial couples married at a younger age than those in Europe, thus explaining the relatively high birth rates in colonial America
Indicate whether the statement is true or false
Why would the owners of a factory benefit from knowing the economic profit of their business?
a. It offers the greatest level of detail on how much money their firm makes. b. It will enable them to identify their firm’s most profitable departments. c. It will give insight into whether their time and money are well invested. d. It is essential for determining their firm’s taxable income.
Other things equal, if there is an increase in nominal GDP:
A. the demand for money will decrease. B. the interest rate will rise. C. bond prices will rise. D. consumption spending will fall.