Answer the following statements true (T) or false (F)

1. The Temporary Assistance for Needy Families (TANF) expanded welfare benefits and has no limit on the number of years for receiving welfare benefits.
2. Labor market discrimination occurs when equivalent labor resources are paid or treated differently even though their productive contributions are equal.
3. In the taste-for-discrimination model, a prejudiced employer who prefers white workers and who has a discrimination coefficient of $3/hour would still hire African-Americans if the market wage rate is $22/hour for white workers and $20/hour for African-Americans.
4. In the taste-for-discrimination model, an increase in the prejudice of employers will decrease the demand for African-American workers; lower the African-American wage rate and the ratio of African-American to white wages.
5. Statistical discrimination occurs when employers base hiring decisions on individual workers' previous employment records and statistics.
6. The crowding model of occupational segregation shows how white males earn higher incomes at the expense of women and minorities who are restricted to a limited number of occupations.

1. F
2. T
3. F
4. T
5. F
6. T

Economics

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An increase in the price of MP3 players will result in

A) a smaller quantity of MP3 players supplied. B) an increase in the supply of MP3 players. C) a decrease in the demand for MP3 players. D) a larger quantity of MP3 players supplied.

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The slowdown in the growth of real wages in the United States since 1973, accompanied with job growth is consistent with ________ growth of labor demand and ________ growth of labor supply:

A. slower; no change in. B. slower; faster. C. slower; slower. D. faster; slower.

Economics