Information that is difficult to measure is called
a. quantitative
b. qualitative
c. longitudinal
d. dependent
Ans: b. qualitative
Economics
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Which of the following is NOT a factor that can cause wage inequality across workers producing the same good?
A) Differences in compensating wages B) Differences in productivity and human capital C) The nature and extent of discrimination in the job market D) The market price of the final good being produced by the workers
Economics
An upward-sloping supply curve implies that:
A. quantity supplied increases when price decreases. B. there is no relationship between price and quantity supplied. C. quantity supplied increases when price increases. D. the law of supply is invalid.
Economics