Which of the following is the clearest evidence of employment discrimination against minority employees?

a. The average wages of minority workers are lower than the average wages of whites.
b. The average wages of minority employees are lower than the average wages of whites with similar productivity characteristics.
c. The mean number of years of schooling of minority workers is lower than that of whites.
d. The average hours worked by minority employees exceeds the hours worked by whites.

B

Economics

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The substitution effect suggests that, when consumers judge product quality by price, they will substitute high-priced products for low-priced products.

a. true b. false

Economics

Refer to Figure 4.8. The game described in the payoff graph has the characteristics of a(n) ________ game

A) assurance B) prisoner's dilemma C) chicken D) pure coordination

Economics