Which employer is discriminating solely in an attempt to reduce information costs?
a. Althea, who makes sure every applicant is interviewed regardless of education
b. Landon, who interviews only Asians because his last two Asian hires worked out well
c. Chad, who does not interview Hispanics because he does not want to be around
them
d. Albert, who does not interview women because he feels uncomfortable questioning
them
b. Landon, who interviews only Asians because his last two Asian hires worked out well
You might also like to view...
What are the benefits and costs to a nation that participates in international trade? Do the benefits outweigh the costs or do the costs outweigh the benefits?
Suppose the country of Maverick has specialized in the production of a good but has not yet entered into trade. At this point in time, Maverick has
A. Shifted its production possibilities curve outward. B. Moved to a level of consumption outside its production possibilities curve. C. Moved along its existing production possibilities curve. D. Moved to a level of production outside its production possibilities curve.
In which type of trade agreement does the WTO allow exclusions to the most favored nation principle?
a. multilateral trade agreements b. free-trade areas c. customs unions d. free-trade areas and customs unions
If nothing else changes, the ________ the current exchange rate, the ________ is the expected profit from holding dollars, all other things remaining the same
A) higher; larger B) lower; smaller C) lower; larger D) The premise of the question is wrong because the exchange rate has nothing to do with expected profit from holding dollars.