Many economists argue that the best way to correct employer discrimination is to
a. pass comparable worth laws
b. increase the price of output, thereby raising profit
c. shift the marginal revenue product curve of the unfavored group to the right
d. shift the demand for labor to the left
e. allow the market mechanism to equalize wages
E
You might also like to view...
A 2 percent increase in income increases the quantity demanded of a good by 1 percent. The income elasticity of demand for this good is _______. The good is a _______ good
A. 2; normal B. –2; inferior C. 1/2; normal D. 2; inferior
The Keynesian analysis of fiscal policy argues that:
a. fiscal policy should generally be expansionary except during periods of economic recession. b. fiscal policy should generally be restrictive except during inflationary booms. c. the federal budget should be balanced annually except during war. d. the federal budget should be used to maintain aggregate demand at a level consistent with full employment.
It has been found that
a. less-developed countries have more equality of income distribution. b. more-developed countries have more equality of income distribution. c. only prior communist countries have more equality of income distribution. d. income distribution cannot be measured among countries with different political and economic systems.
If the labor force is 90 million and the number of people who are looking for jobs but cannot find them is 9 million, the unemployment rate is:
A. 9 percent. B. 91 percent. C. 81 percent. D. 10 percent.