A Survey of Professional Economists Revealed That More Than Three-Fourths

question 1

Multiple Choice

A survey of professional economists revealed that more than three-fourths of them agreed with a number of statements,including which of the following?

• A)Tariffs and import quotas usually reduce general economic welfare.
• B)A large federal budget deficit has an adverse effect on the economy.
• C)Minimum wage increases unemployment among young and unskilled workers.
• D)All of the above are correct.

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Definitions:

Gender Differences

The distinctions in characteristics and behaviors that are culturally or socially designated as masculine or feminine.

Biological Explanations

Theories that attribute behavioral and psychological phenomena to biological factors, such as genetic, neurological, or physiological processes.

Cultural Explanations

These are interpretations or understandings of behaviors, practices, and beliefs that are framed in the context of the cultural background or tradition from which they arise.

Stereotype Threat

The risk of confirming negative stereotypes about one's group, which can hinder performance and affect behavior.