Marxists believe that poverty and income inequality arise fundamentally from
a. labor market discrimination
b. unequal distribution of skills in the population
c. unequal distribution of property
d. too high a rate of population growth
e. unequal access to education
C
Economics
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Because of a bank merger, Ms. Davis lost her position as Vice President and had to seek work with other banks. Ms. Davis has the skills necessary to find a new job, thus she is best considered as
A) frictionally unemployed. B) cyclically unemployed. C) structurally unemployed. D) naturally unemployed.
Economics
We know that the minimum wage causes unemployment. So, why does the government impose a minimum wage?
What will be an ideal response?
Economics