Examlex
According to the textbook, which of the following shared characteristics is NOT encompassed in the definition of the term ethnicity?
Wage Differential
The variation in wages earned by individuals in different jobs, industries, geographic locations, or by workers with varying skill levels.
Racial Prejudice
Racial Prejudice involves preconceived negative judgments or opinions about individuals based on their racial or ethnic background.
Discrimination Coefficients
Measures that quantify the extent to which different groups are treated differently based on certain attributes.
Labor Demand
Refers to the quantity of labor that employers are willing and able to hire at a given wage rate in a given time period.
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