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A major difference between social insurance and welfare is that social insurance: ?
A. exclusively involves older Americans whereas welfare is confined mainly to mothers with young children.? B. forces recipients to demonstrate need while welfare does not.? C. is normally financed by earmarked payroll taxes while welfare is financed out of general tax revenues.? D. provides cash transfers while welfare does not.
Which of the following is not a social insurance program? ? A. TANF? B. Medicaid? C. Supplemental Security Income? D. unemployment compensation
Statistical discrimination: A. can persist in the long run if differences in average characteristics among groups continue.? B. will tend to diminish in the long run, because nondiscriminating firms will drive out discriminating firms.? C. requires that employers have discrimination coefficients greater than zero.? D. is also known as occupational segregation
The crowding model of discrimination suggests that: ? A. women and selected minorities are systematically excluded from high-paying occupations and crowded into low-paying occupations, decreasing their wages and reducing domestic output.? B. employers having high discrimination coefficients will be crowded out by nondiscriminating employers in the long run. C. firms will base hiring decisions on group averages, rather than on individual characteristics and productivity.? D. occupational segregation is largely the result of freely made rational choices of women and minorities.
Discrimination creates a: ? A. redistribution of a larger domestic output.? B. larger domestic output but no redistribution.? C. smaller domestic output but no redistribution.? D. redistribution of a smaller domestic output.
Design a simple econometric research project
Multiplicative decomposition method
The Australian government administers two programs that affect the market for cigarettes.
Solve the forecast model
What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).
Explain why this model violates the assumption of no perfect collinearity. Write the t statistic for testing the null hypothesis
What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type
Determine when a competitively produced product generates negative externalities in production, the industry will,
Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.
M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.
Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:
Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.
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