Assume that the average salary for male professors at a university was $110,000 and the average salary for female professors at the same university was $95,000 . Based on this information, can we conclude that this university engages in gender discrimination? Why or why not?
No, we cannot conclude if discrimination takes place at this university. We would need to have other information on factors such as years of experience, productivity with regard to research and teaching, and the professors' disciplines in order to make such a conclusion.
Economics
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Which of the following is characteristic of an oligopolistic industry?
a. few firms b. interdependence c. large barriers to entry d. All of the above
Economics
In finance, leverage:
A. multiplies the effect of gains and losses in financial markets. B. is using borrowed money to pay for investments. C. helps explain why a crash is so damaging after a bubble bursts. D. All of these statements are true.
Economics