After adjusting for institutional factors, economists have found that:
A. institutional factors explain some of the lower pay that women receive, but workplace discrimination also appears to play a role.
B. workplace discrimination explains all of the pay difference between men and women.
C. institutional factors explain all of the pay difference between men and women.
D. there is no discrimination; all of the pay difference between men and women can be explained by differences in education and experience.
Answer: A
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A Federal Reserve publication proclaimed that "Trade is a win-win situation for all countries that participate." This statement is
A) false since it ignores the workers who lose their jobs as result of international trade. B) true because all consumers and workers benefit from international trade. C) false since not all countries participate in international trade. D) true because it refers to countries; individuals may be losers as a result of international trade.
Which of the following is a disadvantage to monetary targeting?
A) It relies on a stable money-inflation relationship. B) There is a delayed signal about the achievement of a target. C) It implies larger output fluctuations. D) It implies a lack of transparency.