It Appears That Many Business Firms Discriminate Against Hiring Young

question 55

Multiple Choice

It appears that many business firms discriminate against hiring young women of child bearing age in the United States and that this type of discrimination has been reduced in Europe.This may be an example of successful government intervention because

• A)many European governments have laws against this type of discrimination.
• B)many European governments subsidize maternity leave and child care,lowering the cost of hiring these women.
• C)Europeans are less likely to discriminate on the basis of gender.
• D)Europeans are more likely to discriminate on the basis of gender.

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Definitions:

Tariff

A tax imposed by a government on goods and services imported from other countries, often used to protect domestic industries from foreign competition.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, reflecting profits.

Deadweight Loss

A loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is unachievable.

Tariff Revenue

The income generated by a government from imposing taxes on imported goods.