What is the most probable reason why garbage collectors have higher wages than bookkeepers?
a. Employment discrimination
b. A high unionization rate for bookkeepers
c. A higher educational requirement for garbage collectors than bookkeepers
d. The nonmonetary attractiveness of garbage collection causes fewer people to want to be garbage collectors.
D
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Suppose that the Federal Reserve Open Market Committee adheres to the ideas expressed by ________
If the economy moves into a recession, the Fed would recommend that the federal funds target rate decrease as long as the inflation rate did not rise above the publicly announced goal for inflation. A) the Taylor Rule B) the gold standard C) the monetarist school of thought D) inflation targeting
What is a dominant strategy?
What will be an ideal response?
In which countries are incomes distributed most unequally and least unequally?
What will be an ideal response?
A Pareto optimum is a point that
A) a malevolent dictator would choose. B) a cooperative coalition of some altruistic consumers would choose. C) a cooperative coalition of some socially responsible firms would choose. D) a social planner would choose.