For the law of one price to hold, all of the following are necessary EXCEPT:
A) transportation costs must be negligible.
B) exchange rates must be fixed.
C) tariffs must not be levied by any country.
D) all goods and services must be tradable.
E) traded goods must be homogeneous.
B
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A vehicle manufacturing company decides to hire 35 employees for its new servicing branch located in Texas. A total of 90 eligible applicants apply for the job of which 50 are Americans and 40 are African-Americans. Assuming that the company decides to hire 25 Americans and 10 African-Americans, what can be inferred using the four-fifths rule?
A. 0.5<0.8, this indicates that there is no evidence of discrimination. B. 2>0.8, this indicates that there is evidence of discrimination. C. The hiring rate for African-Americans is equal to four-fifth the hiring rate of Americans; hence there is no evidence of discrimination. D. 0.5<0.8, this indicates that there is evidence of discrimination. E. 2>0.8, this indicates that there is no evidence of discrimination.
Which of the following is typically regarded as the best means for recruitment?
a. Employee referrals b. job fairs c. temp agencies d. newspaper advertising e. internet advertising