It is estimated that occupational segregation accounts for less than one-quarter of the wage gap between men and women
Indicate whether the statement is true or false
F
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DeBeers was able to profit the most from the diamond market by selling a:
A. lot of diamonds at high prices. B. lot of diamonds at low prices. C. few diamonds at low prices. D. few diamonds at high prices.
Because monopolists are protected by high barriers to entry, they:
A. may be able to earn long-run economic profits. B. will not minimize the per-unit cost of producing their output. C. will price their product at the highest possible price. D. seek economic profit; however, they are not able to earn it in the long run.
If planned aggregate expenditures are $150 billion, consumption is $60 billion, investment is $55 billion, government spending is $35 billion, there is a
A. trade surplus of $150 billion. B. trade deficit of $150 billion. C. trade surplus of $300 billion. D. trade balance.
According to the liquidity premium theory of the term structure
A) because buyers of bonds may prefer bonds of one maturity over another, interest rates on bonds of different maturities do not move together over time. B) the interest rate on long-term bonds will equal an average of short-term interest rates that people expect to occur over the life of the long-term bonds plus a term premium. C) because of the positive term premium, the yield curve will not be observed to be downward sloping. D) the interest rate for each maturity bond is determined by supply and demand for that maturity bond.