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.
a
You might also like to view...
Use the following diagrams for the U.S. economy to answer the next question.
If the economy is initially at full employment, which of the diagrams best portrays a recession as a result of an increase in the cost of production?
A. Graph (1) B. Graph (2) C. Graph (3) D. Graph (4)
If a decrease in income leads to an increase in the demand for sardines, then sardines are
A) a necessity. B) an inferior good. C) a normal good. D) a neutral good.
A tariff
A) makes everyone worse off.
B) makes domestic consumers better off.
C) makes domestic producers better off.
D) makes both domestic producers and consumers better off.
Which of the following is a demand factor in the market for health care?
A. The number of nurses graduating from universities B. Productivity in the health care industry C. Changes in medical technology D. Physicians' treatment decisions