________ in the job market trace to training, education, experience, ability, risk of job loss, and risk of injury

a. Racial discrimination
b. Wage discrimination
c. Geographical discrimination
d. Gender discrimination


b

Economics

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Over time, countries grow in a fashion so that their production possibility frontiers always retain the same shape

Indicate whether the statement is true or false

Economics

Every point on an open-economy IS curve represents:

A) combinations of interest rates and the supply of money, which result in equilibrium in the money market. B) combinations of interest rates and levels of production, which result in equilibrium in the goods market. C) combinations of interest rates and levels of production, which result in equilibrium in the money market, the goods market, and the forex market. D) combinations of interest rates and levels of production, which result in equilibrium in the goods market and the forex market.

Economics

Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen asĀ 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward

Economics

Studies of the income tax show that its burden as a percentage of income

A. remains about the same as income increases. B. rises slightly as income rises. C. initially increases and then decreases as income increases. D. decreases as income rises.

Economics