Which of the following is a result of discrimination?
a. Two groups of workers earning different wages.
b. Two groups of workers paid the same wage, but proportionally fewer of one group are employed.
c. Equal pay and equal employment opportunities for two groups of workers with different productivities.
d. No workers from a particular group are employed.
c
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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen asĀ
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
A decrease in the quantity of available resources would be represented by:
a. a steeper PPC. b. a point inside the PPC. c. an inward shift of the PPC. d. an upward movement along the PPC. e. a downward movement along the PPC.
How is state and local government funded and how does such funding differ from federal government funding?
Which of the following reasons explain why work was organized into large centrally powered
a. They promoted a more efficient division of labor. b. They allowed for less supervision of production. c. They increased transportation costs. d. They used machines that were smaller than those used in homes.