Employment discrimination leads to the _________________ of labor.

Fill in the blank(s) with the appropriate word(s).


underemployment

Economics

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In the long-run, money market equilibrium determines

A) the real interest rate. B) the value of money. C) real GDP. D) the nominal interest rate E) velocity.

Economics

Which of the following is not a bargaining advantage enjoyed by bureau's?

a. They only have one legislature to deal with so bureaus are quite experienced in extracting a favorable budget agreement. b. The legislature typically gets all information on the bureau from the bureau itself. c. The bureaus have the ability to go out and hire the best negotiators while members of the legislature are the fixed negotiators on the other side. d. Considerable bargaining occurs in committees comprised of high demanders of the output of the bureaucracy.

Economics

The long-run average-total-cost curve connects the lowest cost for each level of output given by the short-run average-total-cost curves

a. True b. False Indicate whether the statement is true or false

Economics

International trade on the basis of comparative advantage maximizes world output and allows consumers to access better-quality products at lower prices than would be available in the domestic market alone

a. True b. False Indicate whether the statement is true or false

Economics