Discrimination that occurs when people's preferences cause them to discriminate against a certain group is referred to as:

If a professor gives up her job to open a shoe store, which of the following costs would an accountant tend to ignore?

A) The $1,500 per month lease for the shoe store. B) The $150 per month electricity bill. C) The $4,000 per month of income forgone by not being employed as a professor. D) The $200 business license, which, of course, is a sunk cost.

Most of the unemployment that occurred during the Great Depression was

A) frictional unemployment. B) structural unemployment. C) core unemployment. D) cyclical unemployment.