What is the general relationship between race and unemployment rates in the United States?
A. Hispanics have the lowest rate of unemployment; whites have the highest rate of unemployment.
B. Whites have the lowest rate of unemployment; Hispanics have the highest rate of unemployment.
C. Hispanics have the lowest rate of unemployment; blacks have the highest rate of unemployment.
D. Blacks have the lowest rate of unemployment; Hispanics have the highest rate of unemployment.
E. Whites have the lowest rate of unemployment; blacks have the highest rate of unemployment.
Answer: E
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"People who make more money should pay higher taxes" is an example of
a. the benefits principle. b. horizontal equity. c. vertical efficiency. d. the ability-to-pay principle.
Supply is best defined as the:
A) relationship between the quantity of a good or service buyers are able to purchase, all other things unchanged. B) relationship between the quantity of a good or service buyers are willing to purchase, all other things unchanged. C) relationship between the quantity of a good or service sellers are willing to offer for sale and various prices, all other things unchanged. D) quantity of a good or service sellers are willing to offer for sale at a specific price, all other things unchanged.
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. If six microwave ovens are produced, Micro Oven's total fixed costs are
A. $50. B. $100. C. $300. D. indeterminate from this information.
Suppose an employer has monitoring devices established so that the probability of an employee being caught while shirking is 0.2. If the gain to the employee from shirking is $1,000, how large a bond will deter shirking?
What will be an ideal response?