Which of the following statements about the gender gap in income is correct?
A. The typical woman in the U.S. earns about 75% as much as the typical man.
B. In higher education, women are under-represented in more lucrative majors such as physics and chemistry.
C. Gender discrimination against women resulted in an excess supply of female workers in female-dominated occupations.
D. All of these
Answer: D
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Technology can be defined as the
A. ability to get more output from a given amount of inputs. B. act of putting new methods into effect. C. discovery of new ways of making products. D. result of savings.
Which central bank has its exchange rate as a focus of its monetary policy?
A) Bank of Canada B) Bank of England C) European Central Bank D) Federal Reserve
Each nation's International Monetary Fund (IMF) quota subscription is based on
A) its national income. B) its share in world trade. C) its public debt. D) its trade surplus.
According to Nobel Laureate Simon Kuznets, the greatest increase in output and economic growth comes from changes in the _____
a. quantity of resources b. quantity of natural resources (land) c. quantity of labor d. quality of resources e. quantity of capital