--%>
Assignment Help - homework help

Problem regarding to demography of wealth and poverty

Onto average, African-Americans into the U.S., when compared to whites: (1) earn lower incomes. (2) have less education. (3) experience higher rates of unemployment. (4) are less likely to be capable to retire on Social Security. (5) All of the above.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Define excess demand Excess demand : If

    Excess demand: If AD > AS at the full employment level. Then it is termed as Excess demand.

    		•
  • Q : Definition of Collective Bargaining The

    The procedure in which employers and unions agree to labor contracts which govern work arrangements is termed as: (i) Arbitration. (ii) Codependency. (iii) Bilateral monopoly. (iv) Joint profit maximization. (v) Collective bargaining.

    Q : Effect of change in market price I have

    I have a problem in economics on Effect of change in market price. Please help me in the following question. The change in quantity demanded is: (1) Non-quantitative in nature. (2) Caused by the change in market price. (3) Shown by the shift of demand curve. (4) Irrel

    		•
  • Q : Problem on Competitive Equilibrium When

    When a purely competitive firm functions in a competitive resource markets in short run then the firm: (i) Confronts an inelastic supply curve for the output. (ii) Purchases inputs till the net cost of inputs equivalents the net value of outputs. (iii

    		•
  • Q : Approximate total revenue for

    For this profit-maximizing brickyard the total revenue equals approximately: (i) $600 per day. (ii) $900 per day. (iii) $1200 per day. (iv) $1530 per day.

    Q : Excess supply at the minimum price

    Programs which guarantee farmers minimum prices which exceed equilibrium prices will yield: (w) cheaper food for consumers. (x) excess demand in food markets. (y) excess supply at the minimum price. (z) higher equilibrium prices.

    		•
  • Q : Competitive Markets-Labor unions The

    The Purely competitive labor markets are not characterized through: (1) Most of the individual sellers and buyers of labor services. (2) Wages equivalent to the marginal resource costs. (3) Labor unions. (4) Price taking sellers and buyers of the labo

    		•
  • Q : Value of commodities and services The

    The value of services and commodities is frequently decomposed into value in: (1) Dollars and value in Euros. (2) Absolute value and prices in relative prices. (3) House-holds and value in organizations. (4) Utilization and value in exchange.

  • Q : Income elasticity and population growth

    For most families inside the United States, there the income elasticity of demand appears to be lowest, upon average, while looking the demand for: (1) better government. (2) environmental quality. (3) education. (4) children. (5) vac

    		•
  • Q : Definition of Consumer Surplus The

    The difference among the price a consumer would have been eager to pay for the commodity and the price consumer really has to pay is termed as: (i) Gain. (ii) The substitution effect. (iii) The income effect. (iv) Consumer surplus.