Harry is 40 and black. Dan is 40 and white. Both work as plumbers, but Harry earns more
a. Dan is being discriminated against.
b. Harry might be discriminated against if he has more experience as a plumber.
c. Harry might be discriminated against if he has less training as a plumber.
d. Harry might be discriminated against if he works the day shift and Dan works the night shift.
b
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An increase in nominal gross domestic product necessarily entails an increase in
A) both real output and the price level. B) either real output or the price level (or both). C) real output and employment. D) the price level and employment.
If the supply of a good is relatively inelastic, this means that the quantity supplied of the good is
a. not very sensitive to the price of the good. b. highly sensitive to the price of the good. c. unrelated to the price of the good. d. none of the above.