Which of the following is the clearest evidence of employment discrimination against minority employees?
a. The average wages of minority workers are lower than the average wages of whites.
b. The average wages of minority employees are lower than the average wages of whites with similar productivity characteristics.
c. The mean number of years of schooling of minority workers is lower than that of whites.
d. The average hours worked by minority employees exceeds the hours worked by whites.
B
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Refer to the following game.Player 1Player 2??t1t2t3?S14,103,01,3?S20,02,1010,3Which of the following strategies constitutes a Nash equilibrium?
A. S2, t2 B. S1, t2 C. S1, t1 D. S2, t3
During the recessions of 2001 and 2008-09,
A) all measures of the unemployment rate (U-1 through U-6 ) increased. B) only the broader measures of the unemployment rate increased. C) only the narrower measures of the unemployment rate increased. D) the labor force participation rate for women increased. E) the labor force participation rate for men increased.
The interest rate banks charge each other on loans of reserves is called the
A) required reserve rate. B) discount rate. C) real interest rate. D) coupon rate. E) federal funds rate.
Capital flows deal with:
A) buying and selling of newly produced final goods and services among countries. B) buying and selling of existing real and financial assets among countries. C) buying and selling of only domestic final goods and services. D) none of the above.