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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.
you can invest in a project with returns that depend on the amount of your investment. Specifically, the formula relating next year's payoff to your investment today is C1=(-C0 -0.1)^(1/2), c1 c2 are in million dollars.
Huang Industries is planning a proposed project whose estimated NPV is twelve million dollar. This estimate suppose that economic situations will be average.
Suppose that the inverse demand function for renting a beach-front property in Ocean City, New Jersey, during the first weel of August is p=1,000 - Q + Y/20, where Y is the median annual income of the people involved in this market, Q is quantity,..
A future amount of $150,000 is to be accumulated through annual payments, A, over 20 years. The last payment of A occurs simultaneously with the future amount at EOY 20. If the interest rate is 9% per year, What is the value of A?
Assume that current wind farms produce 2.5 W/m2. Succinctly explain whether you would expect the average power per square meter of wind farms to rise or fall as the production of wind energy expands to, say, 10% of our primary energy consumption...
Portman has 500,000 shares outstanding and Judy Davis, and investor, holds 40,000 shares. Suppose Portman is considering issuing 100,000 new shares at a price of $50 per share. If the new shares are sold to outside investors, how much will Judy's ..
I have two goods, Xb and Xw, for beer and wine, and I need to draw the indifference map and determine the MRS. U(Xb, Xw) = min { Xb; aXw}, a>0. What do I need to do here? What does this look like?
This question refers to the estimated regressions in table 1 computed using data for 1988 from the United States Current Population opinion poll.
What is the size of the sampling error in this case b. What is the probability that the average wait time would be less than 80 seconds c. What is the probability that the average wait time would be more than 109 seconds d. What is the probability..
Now what will your price be? How much deadweight loss will your firm create?(d) After the election, you decide your firm is not making enough money. So you hire the lobbying firm C&E. C&E are able to convince regulators that you should set ..
The intensive development effort needed to expedite the introduction can be very expensive. Revenues and costs associated with the new product
Assume that all wages and prices are completely and immediately flexible. If the growth rate of the money supply is 5%, the growth rate of the velocity of money is 8% and the inflation rate is 9%, what is the Solow growth rate?
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