Free agency in the NFL has: increased average incomes but caused the Gini coeffi

ID: 1206431 • Letter: F

Question

Free agency in the NFL has:

increased average incomes but caused the Gini coefficient to rise.

increased average incomes but caused the Gini coefficient to fall.

increased average incomes but left the Gini coefficient unchanged.

increased median incomes but caused average incomes to fall.

In a bilateral monopoly, wages will be:

Equal to what would be paid by a monopsonist

Equal to what a union would demand.

Equal to what would be paid in a perfectly-competitive labor market.

Between the wages paid by a monopsonist firm and the wages demanded by a union.

It is difficult to determine whether women are victims of discrimination in professional sports because:

women have brought far fewer discrimination suits.

it is difficult to separate out racial effects from gender effects.

women aren’t as good at sports as men.

women seldom compete with men in the same event.

increased average incomes but caused the Gini coefficient to rise.

increased average incomes but caused the Gini coefficient to fall.

increased average incomes but left the Gini coefficient unchanged.

increased median incomes but caused average incomes to fall.

1. A. increased average incomes but caused the Gini coefficient to rise.

2. D. Between the wages paid by a monopsonist firm and the wages demanded by a union.

3. B. it is difficult to separate out racial effects from gender effects.

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