If There Is Discrimination Against Some Workers in Market a but No

question 46

Multiple Choice

If there is discrimination against some workers in market A but no discrimination in market B,then we can predict
1) a decrease in supply and higher wages in the A occupations.;
2) more employment in the A occupations.;
3) more unemployment in the B occupations if there is a binding minimum wage.

• A)1 only
• B)2 only
• C)3 only
• D)1 and 2
• E)1 and 3

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Definitions:

Income Statement

A financial report that shows a company's revenues, expenses, and profits over a specified period.

Compound Leverage Ratio

A measure that assesses the impact of financial leverage on a company's potential returns, taking into account both debt and equity levels.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period of time, revealing profit or loss.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the company's financial position.