Discrimination by customers creates a wage differential between two groups by creating a difference in the two groups' perceived

A) supply of labor.
B) value of marginal product.
C) marginal cost of labor.
D) minimum wage.

B

Economics

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The federal funds rate is the interest rate that

A) the Fed charges to banks that borrow from it. B) banks charge the Fed for using their reserves. C) banks charge each other for borrowed money. D) the Fed pays on bank reserves.

Economics

Select the correct statement

a. Qualitative forecasts give the direction of change. b. Quantitative forecasts give the exact amount or exact percentage change. c. Diffusion forecasts use the proportion of the forecasts that are positive to forecast up or down. d. Surveys are a form of qualitative forecasting. e. all of the above are correct.

Economics