Tiffany is a black 21-year-old female, and Danielle is a black 41-year-old female. Both Tiffany and Danielle were accounting majors, and they graduated from the same college with the same GPA — Tiffany in 2013 and Danielle in 1992 . Tiffany and Danielle are both auditors at the same accounting firm. Tiffany earns $63,000 a year, and Danielle earns $95,000 a year. Select the best explanation for
this wage difference.
a. Tiffany has more human capital than Danielle.
b. Tiffany has less human capital than Danielle.
c. Tiffany has been discriminated against because she is young.
d. Danielle has been discriminated against because she is old.
b
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Why does competition lead to lower prices for consumers?
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In the above figure, the marginal cost curve is curve
A) A. B) B. C) C. D) D.
The purchase of fire extinguishers by apartment dwellers provides benefits to their neighbors. Explain why this situation leads to an inefficient outcome
What will be an ideal response?
If banks are currently holding zero excess reserves and the Fed lowers the required reserve ratio, which of the following will happen?
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