If a person attends a public college and is not hired because the boss went to a private college, this might be an example of
A) statistical discrimination.
B) racial discrimination.
C) screening.
D) moral hazard.
A
You might also like to view...
Refer to Figure 3-1. If the product represented is a normal good, a decrease in income would be represented by a movement from
A) A to B. B) B to A. C) D1 to D2. D) D2 to D1.
Of the following assets, the least liquid is
A) stocks. B) traveler's checks. C) checking deposits. D) a house.
Using the Gordon growth formula, if D1 is $2.00, ke is 12% or 0.12, and g is 10% or 0.10, then the current stock price is
A) $20. B) $50. C) $100. D) $150.
Which of the following is true of a perfectly competitive firm?
a. The firm is a price maker. b. If the firm wishes to maximize profits it will produce an output level in which total revenue equals total cost. c. The firm will not earn an economic profit in the long run. d. The firm's short-run supply curve is its MC curve below its AVC curve.