Which of the following least resembles a case of taste-based discrimination?
A) Julian does not like redheads because they remind him of the clowns that terrified him at the circus when he was young, so he refuses to hire any redheads to work for him.
B) Alyssa will not hire anyone under the age of 30 because she believes young people are basically lazy and irresponsible.
C) Martin hates Scandinavians so he refuses to hire anyone who has blond hair and blue eyes.
D) Lorena does not like a single thing about men, she does not want to be around men, and refuses to even acknowledge their existence. It comes as no surprise that she will not hire any men to work at her restaurant.
B
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If the money supply is $20 trillion and velocity is 2, then nominal GDP is
A) $2 trillion. B) $10 trillion. C) $20 trillion. D) $40 trillion.
A flat tax: a. is designed so that everybody would pay the same number of dollars in taxes
b. is designed in such a way that as a person's income rises, the tax rate falls. c. is designed so that everybody would be charged the same percentage of their income. d. is designed to take a smaller percentage of higher incomes as compared to lower incomes.
When the economy reaches its potential output, the price level cannot rise any further
a. True b. False
How does the value of land change when interest rates increase?