This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In August 2015, the U.S. unemployment rate was highest for A) whites. B) high school dropouts. ... (Read 83 times)

kaid0807

  • Hero Member
  • *****
  • Posts: 515
on: Jun 29, 2018
In August 2015, the U.S. unemployment rate was highest for
 
  A) whites.
  B) high school dropouts.
  C) Hispanics.
  D) African Americans.
  E) Asians.

Question 2

Explain the endowment effect.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

The endowment effect refers to the tendency of people to be unwilling to sell a good they already own even if they are offered a price that is greater than the price they would be willing to pay to buy the good if they did not already own it. This inconsistency comes from a failure to take into account nonmonetary opportunity costs.


kaid0807

  • Member
  • Posts: 515
Reply 2 on: Jun 29, 2018
Gracias!

vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Role of the Whites of Eyes in Emotional Perception Role of the Whites of Eyes in Emotional Perception
U.S. Unemployment Rates for Emerging Adults (Ages 16-24) U.S. Unemployment Rates for Emerging Adults (Ages 16-24)
Angry jeers from whites rain down on Elizabeth Eckford, one of the first African American students ... Angry jeers from whites rain down on Elizabeth Eckford, one of the first African American students ...
Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction. Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction.
High rates of rural poverty have been a part of the United States from its origin to the present. ... High rates of rural poverty have been a part of the United States from its origin to the present. ...
Until the 1960s, the South’s public facilities were segregated. Some were reserved for whites, ... Until the 1960s, the South’s public facilities were segregated. Some were reserved for whites, ...
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library