Which of the following statements is true?

A. Discrimination against women and blacks reduces the demand for these workers resulting in lower wages paid these workers.
B. Discrimination is no longer a problem in the United States.
C. A negative income tax system is a plan where everyone pays the same percentage of their income as taxes.
D. A negative income tax system is a plan where those below a certain income receive a cash payment from government.

Answer: A

Economics

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Information is a scarce good because

A) buyers typically know more than sellers about the products they are selling. B) competition encourages buyers and sellers to conceal a portion of what they know. C) its possession enables people to increase their wealth, and it cannot be acquired without cost. D) sellers typically know more than buyers about the products they are selling.

Economics

Getting and holding a job does guarantee financial success

Indicate whether the statement is true or false

Economics