The EEOC Consists of Five Members Appointed by the President

question 96

Short Answer

The EEOC consists of five members appointed by the president to serve a five-year term. This agency acts as the federal government's major means of enforcing equal employment opportunity laws and has the power to investigate complaints, use conciliation to eliminate discrimination when found, and file discrimination charges on behalf of an individual if needed. Individual states have also passed their own laws to fill perceived gaps in federal law.

Identify the effects of external costs and benefits on market efficiency.

Recognize the free-rider problem and its implications for the provision of public goods.

Analyze how markets respond to externalities and their impact on optimal output levels.

Understand the government's role in providing public goods and addressing market failures.