Discrimination occurs when an employer hires a member of one group when another applicant, who is a member of a different group with different characteristics, has better qualifications and is likely to be more productive
Indicate whether the statement is true or false
TRUE
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By and large, small countries tend to benefit the most from international trade because
a. their citizens tend to be the most different from the rest of the world. b. they are unable to achieve self-sufficiency. c. they can collect large amounts of tariff revenue from trading with larger countries. d. their citizens are more likely to prefer the high-quality, capital-intensive goods available only from larger countries.
If all saving and investment could be placed into a tax-deferred saving account, then the federal income tax would approximate a consumption tax
a. True b. False
This graph represents the cost and revenue curves of a firm in a perfectly competitive market.
According to the graph shown, if a firm is producing at Q2, and it is identical to others in the market:
A. firms will enter this market. B. economic profits are zero. C. firms will leave this market. D. profits are not being maximized.
Based on the information in the above table, the value of M1 is
A. $1,900. B. $2,200. C. $3,000. D. $3,100.