When comparisons are made between the earnings of whites and minorities with the same age, quantity of schooling, marital status, sector of employment, union and industry status, regional location, and annual hours worked, recent studies indicate that
a. the corrected earnings of minority men are about two-thirds the earnings of white men.
b. earnings differentials between whites and minorities are due almost exclusively to employment discrimination.
c. the corrected earnings of Mexican-Americans, Asian-Americans, and American Indians were between 7 and 9 percent less than the earnings of similar white men.
d. most minority men now have higher earnings than white men.
C
You might also like to view...
Why is inflation considered a problem?
a. Firms gain too much economic power. b. It is always very high when it exists. c. People prefer falling prices. d. It is costly for society. e. Government gains too much economic power..
Which of the following encourage(s) entrepreneurs to innovate?
a. the patent system b. the enforcement of contracts by the courts c. private property rights d. All of the above are correct.
For each watch Denmark produces, it gives up the opportunity to make 50 pounds of cheese. Germany can produce one watch for every 100 pounds of cheese it produces. Which of the following is true with regard to opportunity costs in the two countries?
a. The opportunity cost of producing watches is lower in Denmark. b. The opportunity cost of producing cheese is lower in Denmark. c. The opportunity cost of producing watches is identical in both countries. d. It is impossible to compare opportunity costs because the two countries use different currencies. e. In Germany the opportunity cost of producing one pound of cheese is one watch.
Which of the following statements is positive?
A. Higher taxes are needed to support education. B. Large budget surpluses should be avoided. C. A tax cut that benefits high-income households is acceptable. D. Tax increases tend to discourage saving.