Statement I.Employment discrimination causes underemployment.
Statement II.The concept of opportunity cost has little validity in the global economy.
A)Statement I is true and statement II is false.
B)Statement II is true and statement I is false.
C)Both statements are true.
D)Both statements are false.

Question

Quizplus · Accepted Answer

There is evidence to support statement I – employment discrimination based on race, gender, age, etc. can limit opportunities for workers and result in their being underemployed. However, statement II is false as the concept of opportunity cost is a fundamental principle in economics that applies to all economies, not just specific ones, and is used to make decisions about the use of scarce resources.

Statement I.Employment Discrimination Causes Underemployment