Use the aggregate expenditures model and the following values to answer the next question. AMPCIGT$7500.5$1,000$1,000$500Determine equilibrium consumption for this economy.

Which of the following would be considered an implicit cost of operating a business?

A) interest payments on a loan B) Social Security contributions for employees C) the resale value of delivery vans the company owns and uses for its deliveries D) shipping expenses

Which of the following is an example of labor-market discrimination? You may assume that worker A and worker B have identical characteristics except for the ones listed. A firm offers a higher salary to worker A than worker B because worker A

a. has more experience. b. is willing to travel two weeks out of each month, whereas worker B will not travel more than three nights a month. c. has a special certification that directly relates to her job, whereas worker B does not. d. is a young blonde woman, whereas worker B is an older, gray-haired man.