Firms are not allowed to ask certain questions during job interviews, including marital status or how many children you have. Why is this the case?
A) People with children are more productive, thus it is unfair if the firm knows this information.
B) Firms might use the answers to these questions as a means of statistical discrimination.
C) People with children are less productive, thus the firm has no right to this information.
D) Such questions violate the privacy clause of the U.S. Constitution.
B
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Use the following figure to answer the question below.
Jorge's opportunity cost of producing 1 pound of corn is ________ pound(s) of green beans.
A. 2 B. 4 C. 1 D. 1/4
If a budget surplus leads to a decrease in U.S. real interest rates, the lower rates will tend to cause
a. the dollar to appreciate. b. the dollar to depreciate. c. a decrease in private investment. d. a decrease in net exports.
Lilly is the price-taking owner of an apple orchard. The price of apples is high enough that Lilly is earning positive economic profits. In the long run, Lilly should expect:
Select one: a. higher apple prices due to the exit of existing firms. b. lower apple prices due to the exit of existing firms. c. higher apple prices due to the entry of new firms. d. lower apple prices due to the entry of new firms.
Better Business Bureaus in various cities exist partly in order to try to deal with inadequate buyer information about sellers.
a. true b. false