Consumers are often a primary source of discrimination in labor markets
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The association of each quantity of a variable input, like labor, to its total product is the
a. short-run production function. b. average product of labor. c. stage of production. d. expansion path.
Winnie's Car Wash is a perfectly competitive firm. The table above shows Winnie's total product schedule. If the price of a car wash is $4, what is the value of marginal product of the 4th worker?
A) $240 B) $70 C) $10 D) $40
If employees and employers always accurately forecast inflation, what is the shape of the Phillips curve?
a. It is vertical in the short run, and upward sloping in the long run. b. It is downward sloping in the short run, and vertical in the long run. c. It is upward sloping in the short run, and horizontal in the long run. d. It is vertical in the short run and long run.
Tax loopholes in the personal income tax benefit only very rich people
a. True b. False Indicate whether the statement is true or false