Refer to the Diagram

question 280

Multiple Choice

Refer to the diagram. Which of the following would be consistent with a decrease in racial prejudice against African Americans and thus a decrease in the discrimination coefficients of employers, taken as a group?

• A)a shift in the labor demand curve from D₃ to D₂
• B)an increase in the African-American wage rate from W₁ to W₂
• C)a reduction in African-American employment from Q₃ to Q₂
• D)a decrease in the African-American wage rate from W₂ to W₁

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Definitions:

Presentment

The process of formally presenting a document, such as a check or bill of exchange, for acceptance or payment.

Negotiable

Capable of being transferred or sold with ease, often referring to financial instruments that can be transferred from one party to another.

Payment Time

The specific period within which a payment is due or expected to be made.

Nonexistent Organization

An entity that is claimed or thought to exist but in reality does not.