Ending Discrimination Against Minority Groups in Educational Processes and in Employment

question 200

Multiple Choice

Ending discrimination against minority groups in educational processes and in employment situations would cause total domestic output to

• A) fall because of the increased costs of training and living.
• B) rise because spending on consumer goods and services would decrease.
• C) rise because of an increase in the productivity of the labor force.
• D) fall, since trained minority workers would force some present workers out of their jobs.

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Definitions:

Perpetual System

An inventory system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period for accurate financial reporting.

Sales Revenue Section

The part of a financial statement that details the income generated from sales of goods or services before any costs or expenses are subtracted.

Merchandising Company

A business that purchases goods wholesale and sells them retail; primarily involved in the selling of merchandise.