Which statement is true?
A. The lower incomes that women earn relative to those earned by men is explained entirely by employment discrimination.
B. Although there are many theories of poverty, few have any validity.
C. Much of black poverty is caused by black male joblessness.
D. None of these statements are true.
C. Much of black poverty is caused by black male joblessness.
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Refer to Figure 18.2. The opportunity cost of producing fishing poles in Macadamia is
A) 3/4 of a spear. B) 5/6 of a spear. C) 6/5 spears. D) 4/3 spears.
The forecasting method that involves using an average of past observations to predict the future (if the forecaster feels that the future is a reflection of some average of past results) is the
A) moving average method. B) econometric forecasting method. C) exponential smoothing method. D) Both A and B E) Both A and C