If Employers Are Profit-Maximizers, Then

question 122

Multiple Choice

If employers are profit-maximizers, then

• A)competition will always eventually eliminate employment discrimination.
• B)employment discrimination may persist if consumers discriminate.
• C)employment discrimination will persist because it is always profitable.
• D)compensating differentials cannot exist.

---

Definitions:

Open Market Operations

Central bank activities involving the buying and selling of government securities in the open market to control the supply of money and interest rates.

Excess Reserves

The funds that banks hold over and above the required reserve ratio set by a central banking authority.

Liabilities

Financial obligations or debts owed by an individual, company, or entity to other parties.

United States Treasury Securities

Debt securities issued by the U.S. government to fund its budget deficits and manage the national debt.