Economists Fryer and Loury argued that affirmative action
A. necessarily undermines minorities' incentive to invest in their own education.
B. "color-blind" proxies for race easily achieve diversity without reference to race itself.
C. has actually reduced the graduation and bar passage rates of African-American law students.
D. is the reason so many white males are passed over for promotion in favor of minorities.
Answer: C
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If the exchange rate between the Mexican peso and the U.S. dollar expressed in terms of pesos per dollar is 13.5 pesos = 1 dollar, what is the exchange rate when expresses in terms of dollars per peso?
What will be an ideal response?
The Federal Open Market Committee engages in contractionary monetary policy by
A) lowering interest rates. B) creating excess reserves. C) selling bonds. D) buying bonds.