In a Study Conducted by Marianne Bertrand and Sendhil Mullianthan

question 29

Multiple Choice

In a study conducted by Marianne Bertrand and Sendhil Mullianthan, identical resumés were sent in response to help wanted ads in newspapers, with half of the resumés assigned an African-American-sounding name and half assigned a white-sounding name. The study found that

• A) employers were equally likely to interview workers with white-sounding names and with African-American-sounding names.
• B) employers were 50 per cent more likely to interview workers with African-American-sounding names.
• C) employers were 50 per cent more likely to interview workers with white-sounding names.
• D) no employers chose to interview workers with African-American-sounding names.

Identifying and calculating key financial ratios and their significance.

Understanding the importance and methods of financial statement analysis.

Identifying the types of assets and differentiating between current and long-term assets.

Recognizing the components of owners' equity and its significance to a company.

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Definitions:

Creative Destruction

A concept in economics that refers to the process through which new innovations lead to the demise of older technologies and economic structures.

Social Destruction

The process by which the social fabric of a community or society is damaged or degraded, often through conflict, neglect, or adverse policies.

Creative Destruction

An economic theory that suggests that old industries or technologies are destroyed and replaced by new ones for economic growth and development.

Disruption

A significant disturbance or interruption to the normal flow or process, often leading to a need for adjustment or a new way of thinking.