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U.S. structural inequality with regard to racial and ethnic minorities
a. is unrelated to hate crimes, prejudice, or ongoing discrimination.
b. mainly concerns poor infrastructure in minority communities.
c. refers to ongoing institutions and practices that disadvantage racial and ethnic minorities in most aspects of their lives.
d. has adequately been addressed by the mid-1960s legislation prohibiting discrimination, which was passed as result of the Civil Rights Movement.
As part of their chores on Saturday mornings, they have to clean the bathrooms also wash the floors of the house while their parents go grocery shopping.
When the absolute value of the own price elasticity of demand is zero, demand is:
The inverse demand function of a group of consumers for a given type of widgets is given by the following expression: π = −10q + 2000[$] where q is the demand and π is the unit price for this product. Determine the maximum consumption of these consum..
A heating-oil distributor blends two grades of heating oil (regular and non toxic) from three products (called distillates 1, 2, and 3) produced in the crude-oil refining process. The distillates are purchased from a local refinery. We assume that a ..
When government becomes heavily involved in tax-transfer activities, how will this involvement affect economic efficiency.
Lindsey's Pretzel plant has the following short-run function: C(q,K) = (wq^3) / (1,000K^1.5) + 50K Where q is Lindsey's output level, w is the cost of a labor hour, and K is the number pretzel machines Lindsey leases. Determine Lindsey's profit/loss...
Recently I began thinking about why the use of tokens for money is so popular. In casinos, I think that it is well justified, but there are some cases when those arguments are not useful. For example, why would an amusement park make you buy tickets ..
Vera source Microprocessor Corporation (VMC) sells 2000 specialized computer processing chips each month at a price of $1,500 each. Variable costs amount to $1,500,000, and fixed costs are $500,000. Currently the company has a defect rate of 8 percen..
Discuss the information asymmetry, the adverse selection problem,and why soft selling is a successful signal.
Describe why it is often asserted that that exporters suffer when their home currencies appreciate in real terms against foreign currencies and prosper when their home currencies depreciate in real terms.
on average, Japan's real every capita output grew at a rate of 3 percent every year among 1973 also 1993. Illustrate what would Japan's output every capita have been at the end of 1993.
Evaluate the following statement: "when the economy is in equilibrium in the ws- ps model, there is only voluntary unemployment, because no agent has an incentive to change their behavior"
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