As Wartime Production Systems Created More Jobs in Cities Such

question 109

Multiple Choice

As wartime production systems created more jobs in cities such as Los Angeles and Detroit,black(s)

• A)moved by the hundreds of thousands from the rural south to the north and west.
• B)generally proved unwilling to move from the south in pursuit of such jobs.
• C)were prevented from moving out of the south by Jim Crow laws.
• D)men moved into northern and western cities,but women generally stayed in the south.
• E)almost completely abandoned the rural south.

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Definitions:

Medallion

A distinctive badge or emblem typically made of metal, granted as a mark of honor or authenticity.

Opportunity Cost

The cost of foregone alternatives; the value of the best alternative that is not chosen in order to pursue a certain action.

Implicit Cost

The opportunity cost associated with a firm's use of resources that it owns, which do not have a direct monetary payment but could generate income if deployed elsewhere.

Option

A financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at a specified price within a given timeframe.