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Question: In 2020, 74.25% of the players in the National Basketball Association were Black, 16.95 were White, 2.2% were Hispanic, and 0.4% were Asian (all self-identified). (a) These percentages do not match the percentages of these racial/ethnic groups present in either the U.S. population or the world population. Is this evidence of economic discrimination? Why or why not? (b) Should the NBA strive to field teams that mirror the population of the U.S.? That reflect the fans in the stands who buy tickets? Those who watch on TV or wear their shirts? Explain why or why not. (c) Suppose we are not talking about the NBA but instead our focus in the work force at Newport New Shipbuilding. Should its workforce reflect the population of Newport News? Of Hampton Roads? Of Virginia? Of the U.S.? Of workers deemed to be "qualified?" (d) Now, having answered (a), (b), and (c), what should qualify as illegal discrimination in the NBA's workforce or in the workforce of Newport News Shipbuilding? I.e., what differences between workforces and populations should be OK and which should be illegal?
Which of the following tax deductions would NOT be recommended under the Haig-Simons definition of comprehensive income?
Explain how something in politics and/or regulation impacted how that industry developed (e.g. what it looked like, how it functioned, who it represented).
After a decade of overconsumption Americans are finally saving at the appropriate levels. Despite only modest increase in real incomes, the U.S. Savings rate has risen to 5.4% as of August 2014. What are some of the key drivers that may be a..
A new plant can be constructed from the ground up, or an existing building can be purchased and retrofitted to suit the new plant requirements.
If we modify our basic three sector model and instead of assuming that taxes are autonomous or fixed in amount (the Tx = Txo assumption) now assume that taxes are a positive function of income, will this modification have the effect of increasing, de..
What happens to the exchange rate of the Norwegian krone against noneuro currencies - How is Norway affected?
A hearing is scheduled for your company to present arguments that your firm has not increased its market power through this merger. Can you do this? How?
How much profit does an unregulated monopolist earn?
A central city imposes a rent control law that places a binding ceiling on the rent that can be charged for an apartment. The suburbs of this city do not have aren't control law. What happens to the rental prices in the suburbs and to the equilibr..
Do you agree with the author's feelings about increased government oversight of such industries? Why or why not?
1. Why is Insufficient Sleep considered a public health epidemic? What are the personal costs? The costs to society?
How people make decisions? How people interact? How society manages its scarce resources and benefits from economic interdependence?
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