Question 1

Economists Fryer and Loury argued that affirmative action

Accepted Answer

A) has actually reduced the graduation and bar passage rates of African American law students. 
B) necessarily undermines minorities' incentive to invest in their own education. 
C) is the reason so many white males are passed over for promotion in favor of minorities. 
D) "color-blind" proxies for race easily achieve diversity without reference to race itself. 
A) has actually reduced the graduation and bar passage rates of African American law students. 
B) necessarily undermines minorities' incentive to invest in their own education. 
C) is the reason so many white males are passed over for promotion in favor of minorities. 
D) "color-blind" proxies for race easily achieve diversity without reference to race itself. A

Question 2

The reasons why women are paid less than men are mainly

Accepted Answer

A) economic … they are less capable therefore paid less. 
B) sociological … society imposes restrictions on women that limit their pay. 
C) psychological … women only think they're paid less. 
D) political … men are in control of the political system and government controls pay. 
A) economic … they are less capable therefore paid less. 
B) sociological … society imposes restrictions on women that limit their pay. 
C) psychological … women only think they're paid less. 
D) political … men are in control of the political system and government controls pay. B

Question 3

The percentage of African-Americans whose incomes are in the top 40% of income earners in the U.S. is

Accepted Answer

A) about 23%. 
B) about 36%. 
C) about 40% 
D) about 50%. 
A) about 23%. 
B) about 36%. 
C) about 40% 
D) about 50%. A

Question 4

Economists Fryer and Loury argued that affirmative action

Accepted Answer

A) necessarily undermines minorities' incentive to invest in their own education. 
B) "color-blind" proxies for race easily achieve diversity without reference to race itself. 
C) is the reason so many white males are passed over for promotion in favor of minorities. 
D) can increase minorities' prospective return on any investment in their own education. 
A) necessarily undermines minorities' incentive to invest in their own education. 
B) "color-blind" proxies for race easily achieve diversity without reference to race itself. 
C) is the reason so many white males are passed over for promotion in favor of minorities. 
D) can increase minorities' prospective return on any investment in their own education.

Question 5

As unemployment rose during the recession of 2007-2009, black teenage unemployment

Accepted Answer

A) rose to 49.2%, a rate more than twice that of white teenagers. 
B) rose to 18.2%, a rate less than half that of white teenagers. 
C) fell to 18.2%, a rate less than half that of white teenagers. 
D) remained essentially unchanged. 
A) rose to 49.2%, a rate more than twice that of white teenagers. 
B) rose to 18.2%, a rate less than half that of white teenagers. 
C) fell to 18.2%, a rate less than half that of white teenagers. 
D) remained essentially unchanged.

Question 6

The use of quotas in affirmative action are legal only when

Accepted Answer

A) necessary to achieve the employer's diversity goals. 
B) court-mandated, through a verdict or consent decree. 
C) the employer is a government agency. 
D) publicly advertised in newspapers, television or radio. 
A) necessary to achieve the employer's diversity goals. 
B) court-mandated, through a verdict or consent decree. 
C) the employer is a government agency. 
D) publicly advertised in newspapers, television or radio.

Question 7

In 2015 median income for males was $36,302 while it was ______ for females.

Accepted Answer

A) $35,633 
B) $29,957 
C) $22,240 
D) $12,130 
A) $35,633 
B) $29,957 
C) $22,240 
D) $12,130

Question 8

In terms of wages for full-time employment, men make ___ more than what women make.

Accepted Answer

A) 1% 
B) 5% 
C) 15% 
D) 23% 
A) 1% 
B) 5% 
C) 15% 
D) 23%

Question 9

When government agents use real life data on bank loans to determine if males and females are treated equally they are using the statistical technique called

Accepted Answer

A) auditing. 
B) regression. 
C) standard deviating. 
D) quadratification. 
A) auditing. 
B) regression. 
C) standard deviating. 
D) quadratification.

Question 10

Doing something that is not necessarily discriminatory on its face, but is motivated by reference to well-established empirical regularities is

Accepted Answer

A) statistical discrimination. 
B) disparate treatment discrimination. 
C) rational discrimination. 
D) adverse impact discrimination. 
A) statistical discrimination. 
B) disparate treatment discrimination. 
C) rational discrimination. 
D) adverse impact discrimination.

Question 11

In terms of weekly earnings for full-time workers

Accepted Answer

A) black workers earn about the same as whites. 
B) black workers earn about 77% of what white families earn. 
C) black workers earn about 58% of what white families earn. 
D) black workers earn about 42% of what white families earn. 
A) black workers earn about the same as whites. 
B) black workers earn about 77% of what white families earn. 
C) black workers earn about 58% of what white families earn. 
D) black workers earn about 42% of what white families earn.

Question 12

If you look at earnings of full-time workers, women make ___ of what men make.

Accepted Answer

A) 10% 
B) 62% 
C) 81% 
D) nearly equal 
A) 10% 
B) 62% 
C) 81% 
D) nearly equal

Question 13

Economists Fryer and Loury argued that affirmative action

Accepted Answer

A) necessarily undermines minorities' incentive to invest in their own education. 
B) is necessary because social networks ("who you know")are so important in hiring practices. 
C) is the reason so many white males are passed over for promotion in favor of minorities. 
D) "color-blind" proxies for race easily achieve diversity without reference to race itself. 
A) necessarily undermines minorities' incentive to invest in their own education. 
B) is necessary because social networks ("who you know")are so important in hiring practices. 
C) is the reason so many white males are passed over for promotion in favor of minorities. 
D) "color-blind" proxies for race easily achieve diversity without reference to race itself.

Question 14

Statistical discrimination is "rational" in the sense that it is consistent with profit maximization,

Accepted Answer

A) as a result it is legal. 
B) as a result it is illegal. 
C) so it is weighed by the courts, against how bad it looks. 
D) but if statistical evidence is used to exclusively hire or fire one race or another it is illegal. 
A) as a result it is legal. 
B) as a result it is illegal. 
C) so it is weighed by the courts, against how bad it looks. 
D) but if statistical evidence is used to exclusively hire or fire one race or another it is illegal.

Question 15

Many economists suggest that absent legal mechanisms of discrimination, the wage paid to men and women will converge because

Accepted Answer

A) if employers can hire men and women at the same wage they will hire equal numbers. 
B) employers will feel guilty about hiring only men. 
C) employers will feel guilty about paying men more when other firms pay equally. 
D) it will be in the interest of profit minded employers to hire women, thus bidding up their wages. 
A) if employers can hire men and women at the same wage they will hire equal numbers. 
B) employers will feel guilty about hiring only men. 
C) employers will feel guilty about paying men more when other firms pay equally. 
D) it will be in the interest of profit minded employers to hire women, thus bidding up their wages.

Question 16

Though stay-at-home dads are growing rapidly in numbers, when one parent stays at home ___ of the time it is the mother.

Accepted Answer

A) 98% 
B) 88% 
C) 78% 
D) 68% 
A) 98% 
B) 88% 
C) 78% 
D) 68%

Question 17

If, in the experience of a manager of a large company who hires for hundreds of positions per year, whites are more likely than blacks to leave within a year, then a manager who hires only blacks to save money is

Accepted Answer

A) employing statistical discrimination. 
B) perfectly within his rights. 
C) violating the law. 
D) employing statistical discrimination and violating the law. 
A) employing statistical discrimination. 
B) perfectly within his rights. 
C) violating the law. 
D) employing statistical discrimination and violating the law.

Question 18

Among the two most important methods economists use to identify illegal discrimination are

Accepted Answer

A) lottery number analysis. 
B) "regression" techniques. 
C) "audit" methods. 
D) "regression" techniques and "audit" methods. 
A) lottery number analysis. 
B) "regression" techniques. 
C) "audit" methods. 
D) "regression" techniques and "audit" methods.

Question 19

Many economists suggest that absent legal mechanisms of discrimination, the wage paid to whites and blacks will converge because

Accepted Answer

A) if employers can hire whites and blacks at the same wage they will hire equal numbers. 
B) employers will feel guilty about hiring only whites. 
C) employers will feel guilty about paying whites more when other firms pay equally. 
D) it will be in the interest of profit minded employers to hire blacks, thus bidding up their wages. 
A) if employers can hire whites and blacks at the same wage they will hire equal numbers. 
B) employers will feel guilty about hiring only whites. 
C) employers will feel guilty about paying whites more when other firms pay equally. 
D) it will be in the interest of profit minded employers to hire blacks, thus bidding up their wages.

Question 20

Suppose a plant has 1000 employees, half of whom are from a minority population. Suppose further that, in order to cut costs, a manager must layoff 100 employees. If she chooses only non-minority workers to lay off because an analysis of productivity data suggests they are, on average 5% less efficient then she is

Accepted Answer

A) on perfectly sound legal ground. 
B) using statistical discrimination and it is legal. 
C) using inferential discrimination and it is illegal. 
D) using statistical discrimination and it is illegal. 
A) on perfectly sound legal ground. 
B) using statistical discrimination and it is legal. 
C) using inferential discrimination and it is illegal. 
D) using statistical discrimination and it is illegal.

Exam 30: The Economics of Race and Discrimination

Economists Fryer and Loury argued that affirmative action

The reasons why women are paid less than men are mainly

The percentage of African-Americans whose incomes are in the top 40% of income earners in the U.S. is

Economists Fryer and Loury argued that affirmative action

As unemployment rose during the recession of 2007-2009, black teenage unemployment

The use of quotas in affirmative action are legal only when

In 2015 median income for males was $36,302 while it was ______ for females.

In terms of wages for full-time employment, men make ___ more than what women make.

When government agents use real life data on bank loans to determine if males and females are treated equally they are using the statistical technique called

Doing something that is not necessarily discriminatory on its face, but is motivated by reference to well-established empirical regularities is

In terms of weekly earnings for full-time workers

If you look at earnings of full-time workers, women make ___ of what men make.

Economists Fryer and Loury argued that affirmative action

Statistical discrimination is "rational" in the sense that it is consistent with profit maximization,

Many economists suggest that absent legal mechanisms of discrimination, the wage paid to men and women will converge because

Though stay-at-home dads are growing rapidly in numbers, when one parent stays at home ___ of the time it is the mother.

If, in the experience of a manager of a large company who hires for hundreds of positions per year, whites are more likely than blacks to leave within a year, then a manager who hires only blacks to save money is

Among the two most important methods economists use to identify illegal discrimination are

Many economists suggest that absent legal mechanisms of discrimination, the wage paid to whites and blacks will converge because

Economics: the Study of Opportunity Cost

Supply and Demand

The Concept of Elasticity and Consumer and Producer Surplus

Firm Production, Cost, and Revenue

Perfect Competition, Monopoly, and Economic Versus Normal Profit

Every Macroeconomic Word You Ever Heard: Gross Domestic Product, Inflation, Unemployment, Recession, Depression

Interest Rates and Present Value

Aggregate Demand and Aggregate Supply

Fiscal Policy

Monetary Policy

Federal Spending

Federal Deficits, Surpluses, and the National Debt

The Housing Bubble

The Recession of 2007-2009: Causes and Policy Responses

Is Economic Stagnation the New Normal

Is the Fiscalsky Falling: An Examination of Unfunded Social Security, Medicare, and State and Local Pension Liabilities

International Trade: Does It Jeopardize American Jobs

International Finance and Exchange Rates

The European Debt Crisis

Economic Growth and Development

Nafta, Gatt, Wto: Are Trade Agreements Good for Us

The Line Between Legal and Illegal Goods

Natural Resources, the Environment, and Climate Change

Health Care

Government-Provided Health Insurance: Medicaid, Medicare, and the Child Health Insurance Program

The Economics of Prescription Drugs

So You Want to Be a Lawyer: Economics and the Law

The Economics of Crime

Antitrust

Income and Wealth Inequality

Farm Policy

Minimum Wage

Ticket Brokers and Ticket Scalping

Rent Control

Economics of K-12 Education

Economics of College and University Education

Poverty and Welfare

Head Start

Social Security

Personal Income Taxes

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If We Build It, Will They Come and Other Sports Questions

The Stock Market Crashes

Unions

Walmart: Always Low Prices and Low Wages- Always

The Economic Impact of Casino Gambling

The Economics of Terrorism

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