Minority workers are underrepresented and have less access to certain high-paying occupations. This illustrates:
A. human-capital discrimination.
B. the crowding model.
C. the taste-for-discrimination model.
D. statistical discrimination.
Answer: B
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The poverty line equals the:
A. average income of the bottom one-tenth of all income recipients. B. cost of an economical and nutritional food plan for a family multiplied by six. C. cost of an economical and nutritional food plan for a family multiplied by three. D. average income of a family headed by a worker who has been unemployed for six months or more.
Which of the following statements is true?
A) An individual's future spending decreases when he lends money. B) An individual's future spending increases when he borrows money. C) An agent borrows to move his spending from the future to the present. D) An agent borrows to move his spending from the present to the future.
In the figure above, with international trade ________ million shirts per year are produced in the United States
A) 48 B) 32 C) 16 D) 20
The existence of diseconomies of scale (size) for the firm is hypothesized to result from:
a. transportation costs b. imperfections in the labor market c. imperfections in the capital markets d. problems of coordination and control encountered by management e. All of the above