Reliance on indicators of productivity such as education, experience, and test scores may keep some very good people from getting a job and may result in hiring unproductive people. This is called:
a. worker prejudice.
b. statistical discrimination.
c. crowding out.
d. disparate treatment.
e. comparable worth.
b
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Because of the large current account deficits accumulated by the United States since 1981, the United States has become a
A) nation with no official reserves. B) balanced nation. C) broke nation. D) creditor nation. E) debtor nation. The table above gives data on the U.S. balance of payments in 2019.
First-mover advantage is a characteristic of
a. A simultaneous-move game b. A dominant strategy c. A sequential-move game d. All of the above
"A country that initially has a floating exchange rate and a high inflation rate can use a shift to a fixed exchange rate as part of its effort to lower its inflation rate." Is the statement correct? Why or why not?
What will be an ideal response?
Refer to the data for a fictional economy. The changes in the budget conditions between 1999 and 2000 best reflect:
A. demand-pull inflation.
B. an expansionary fiscal policy.
C. a tax increase.
D. a contractionary fiscal policy.