31 Refer to the Following Diagram, in Which Waa/Ww Is

question 26

Multiple Choice

31 refer to the following diagram, in which Waa/Ww is the ratio of the African American wage rate to the white wage rate:
-A decrease in the supply of African American workers will:

• A)extend the horizontal portion of the demand curve,raising the relative wage of African Americans
• B)lower the relative wage of African Americans
• C)eliminate the wage differential between whites and African Americans if the resulting supply curve intersects the horizontal portion of the demand curve
• D)embolden more employers to discriminate,reducing the horizontal portion of the demand curve,and lowering the relative wage of African Americans

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Definitions:

Median

The middle value in a data set when it is ordered from smallest to largest, or the mean of the two middle numbers when the set has an even number of observations.

Mathematical Average

Another term for mean, which is calculated by adding up all the numbers in a set of data and dividing by the count of numbers.

Mode

The datum that is most recurrent in a given data set.

Set Of Data

A collection of related information or numerical values that are analyzed or used in statistics and research.