Market forces encourage discrimination in the case of
a. statistical discrimination only
b. employee and customer prejudice only
c. employer prejudice only
d. statistical discrimination and employee or customer prejudice
e. employer prejudice and statistical discrimination
D
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The opportunity cost of the financial resources used to finance the purchase of capital is
A) the price of the capital goods purchased. B) the real interest rate. C) the quantity of investment demanded. D) the supply of investment. E) capital investment.
The derived demand and, consequently, the demand curve for labor are determined by
a. labor's wage. b. labor's marginal revenue. c. the marginal cost of the input labor. d. labor's marginal revenue product.
Which of the following statements is true?
A. The ECB's success in controlling reserves by paying interest on them has led the Fed to do the same. B. The Fed's redesign of its procedures for lending to banks was the model for the ECB's marginal lending facility. C. The ECB's marginal lending facility was the model for the Fed's redesign of its procedures for lending to banks. D. The ECB's weekly auctions include only a few of the largest banks in Europe.
The price of a coupon bond is determined by taking the present value of:
A. all of the bond's payments. B. the coupon payments and adding this to the face value. C. the bond's final payment and subtracting the coupon payments. D. the bond's final payment.