Economic discrimination occurs when two equal factors of production are paid differently.
Answer the following statement true (T) or false (F)
True
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Name two conditions that can cause a capital asset to depreciate
What will be an ideal response?
Changing the ownership of the ocean from common property to private property would
A) ensure that this resource would be allocated in a more efficient manner. B) ensure that this resource would be allocated in a less efficient manner than under common property rights. C) not be economically desirable. D) result in no appreciable change in efficiency of utilization of this resource.
Some economists argue that the recent relatively high rate of unemployment has resulted in part from the fact that a part of the workforce has not made the adjustment to new technologies
Indicate whether the statement is true or false
A government decision to privatize a sector of the economy formerly operated by the government is an example of ________ policy.
A. aggregation B. monetary C. structural D. fiscal