Studies of discrimination in baseball suggest that black players
a. suffered from discriminatory wage differentials several decades ago and those wage differentials persist today.
b. suffered from discriminatory wage differentials several decades ago but those wage differentials have been eliminated.
c. did not suffer from discriminatory wage differentials several decades ago but in recent years wage differentials have become evident.
d. did not suffer from discriminatory wage differentials in the past and they do not suffer from wage differentials today.
b
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Use the following graph of total revenues to answer the question below. 
An increase in the quantity of product X demanded from 16,000 to 17,000 units implies that the price of product X was
A. reduced and the demand is inelastic. B. increased and the demand is inelastic. C. reduced and the demand is elastic. D. increased and the demand is elastic.
One major problem with Social Security is that it is a “pay as you go” system.
Answer the following statement true (T) or false (F)
If one looks at U.S. Census data and finds that the average male salary is $43,000 while the average female salary is $38,000, which of the following is not likely to be a significant cause of this difference given U.S. labor market demographics?
A. Women and men prefer different kinds of jobs. B. On-the-job experience varies. C. Women have less education than men. D. Discrimination exists in the labor market. E. Women are more inclined than men to work part-time.
Cyclical unemployment
A. occurs even when an economy is producing at a point on its production possibilities frontier. B. occurs only during a recession. C. tend to occur when an economy experiences inflation. D. is a part of an economy's natural rate of unemployment.