Use the Following to Answer Question(s): Discrimination

question 57

Multiple Choice

Use the following to answer question(s) : Discrimination

-Which of the following is (are) examples of discriminatory practices?

• A) Some groups experience lower wages.
• B) Some groups experience fewer employment opportunities.
• C) Some groups pay higher prices than others.
• D) All of the above are examples of discriminatory practices.

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Definitions:

Income

Refers to the income earned, either periodically or consistently, from employment or investment ventures.

Utility Function

A mathematical expression that ranks preferences over a set of goods or outcomes, representing satisfaction or happiness derived from consumption.

Consumption

The act of using goods and services to satisfy needs and wants, which is a fundamental component of economics.

Income

The money received by an individual or business for services provided, products sold, or investments.