Each step up the education ladder improves the incomes of white males but not of black males

If workers' money wage rates increase by 5 percent and the price level remains constant, workers'

A) quantity of labor supplied will decrease. B) quantity of labor supplied will increase. C) quantity of labor supplied will not change. D) demand for jobs will decrease.

Inflationary tendencies and even hyperinflation in many Latin American countries have been exacerbated by the tendency of governments to

A) tax too heavily. B) regulate too heavily. C) print money to finance policies to stimulate the economy. D) keep out foreign competition. E) use industrial policies to foster growth.