If a firm refuses to hire any females due to a personal prejudice, its profits will
a. increase markedly.
b. decrease.
c. not be affected.
d. increase slightly.
B
Economics
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Which of the following explain the natural rate of unemployment?
i. job search ii. the Okun Gap iii. the production function A) iii only B) ii and iii C) i and ii D) i and iii E) i only
Economics
If the steady-state capital—labor ratio is equal to the Golden Rule capital—labor ratio, then in the steady state
A) output per worker equals investment per worker. B) output per worker equals depreciation per worker. C) investment per worker is as large as possible. D) consumption per worker is as large as possible.
Economics