It appears that many business firms discriminate against hiring young women of child bearing age in the United States and that this type of discrimination has been reduced in Europe

This may be an example of successful government intervention because A) many European governments have laws against this type of discrimination.
B) many European governments subsidize maternity leave and child care, lowering the cost of hiring these women.
C) Europeans are less likely to discriminate on the basis of gender.
D) Europeans are more likely to discriminate on the basis of gender.


B

Economics

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Olson (1971) argues that the gains from private competition cannot be exceeded by the gains from collective action

Indicate whether the statement is true or false

Economics

There are many concerns for risk-averse lenders. Consider the following: 1 . Lenders are concerned that borrowers with the greatest risk are the ones most likely to actively pursue loans. 2 . Lenders are concerned that real GDP will decline leading to reduced corporate profits. 3 . Lenders are concerned that products produced by certain corporations will become obsolete

a. 1 is market risk; 2 is firm-specific risk b. 2 is market risk; 3 is firm-specific risk c. 3 is market risk; 1 is firm-specific risk d. 2 is firm-specific risk; 3 is market risk

Economics

The use of money makes us more efficient because:

A. we spend more time trading and more time producing. B. people can specialize in what they do well. C. money increases in value over time. D. with money we borrow less.

Economics

The likelihood of a cartel being successful is greater when:

A. firms are producing a differentiated, rather than a homogeneous, product. B. cost and demand curves of various participants are very similar. C. the number of firms involved is relatively large. D. the economy is in the recession phase of the business cycle.

Economics