Which of the Following Is True of the Coefficient of Employer

question 6

Multiple Choice

Which of the following is true of the coefficient of employer discrimination?

• A) It is the severity of discrimination that ultimately prevails in the marketplace.
• B) It approaches infinity if an employer is not prejudiced.
• C) It translates the non-pecuniary taste for discrimination to monetary terms.
• D) It is equal to infinity if a worker experiences discrimination.
• E) It is less than zero if an employer is not prejudiced.

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Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest payments with its earnings before interest and taxes.

Interest Coverage Ratio

A financial metric that measures a company's ability to pay interest on its outstanding debt with its operating income.

Money Multiplier

A concept in monetary economics that describes the maximum amount of money the banking system can theoretically generate with each unit of central bank money.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.