Which of the following statements is true?
A. Discrimination against women and blacks reduces the demand for these workers resulting in lower wages paid these workers.
B. Discrimination is no longer a problem in the United States.
C. A negative income tax system is a plan where everyone pays the same percentage of their income as taxes.
D. A negative income tax system is a plan where those below a certain income receive a cash payment from government.
Answer: A
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What does the demand curve tell us about the price that consumers are willing to pay?
What will be an ideal response?
Countries with high rates of economic growth tend to have
A) a lower life expectancy at birth. B) low rates of technological advancement. C) a declining incidence of business cycle fluctuations. D) a labor force that is more productive.
According to the table below, what is the total cost of producing 125 units of output?QFCVC01,0000201,000350501,000700901,0001,0501251,0001,4001451,0001,7501601,0002,100
A. 1,000 B. 1,400 C. 2,050 D. 2,400
Labor mobility was
A) less in 1900 than in 2010. B) unimportant to global integration until the 1960s. C) greater in 1900 than in 2010. D) never controversial.