The unemployment rate for blacks is generally ___ the unemployment rate experienced by whites.

Fill in the blank(s) with the appropriate word(s).

double

Economics

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Centralizing decisions is efficient if people at lower levels of an organization have knowledge to which those at higher levels can add little

Indicate whether the statement is true or false

Economics

A ticket to an Eric Clapton concert costs $45 . If you have a ticket, you can "scalp" it (sell it illegally) for $75 . To a ticket holder, the opportunity cost of actually attending the concert is

a. $45. b. $50. c. $75. d. $115.

Economics