Many economists believe that competitive, market economies provide a natural antidote to employer discrimination known as the
profit motive.
You might also like to view...
Income effect of lower wages implies
a. workers prefer leisure to work. b. an increase in the productivity of labor. c. a fall in the demand for labor. d. workers would want to work more.
The Bureau of Labor Statistics' U-1 measure of joblessness includes only very long-term unemployed
a. True b. False Indicate whether the statement is true or false
Which of the following industries is most likely to exhibit the characteristic of free entry?
a. electricity b. satellite radio c. mineral mining d. tennis shoes
Monetarists argue that fiscal policy is ineffective because:
A. the velocity of money is predictable. B. the crowding-out effect reduces investment. C. prices and wages are sticky in the short run. D. it causes the value of the dollar to depreciate.