Bertrand and Mullainathan Found That Applicants in Their Study Given

question 72

Multiple Choice

Bertrand and Mullainathan found that applicants in their study given White sounding names needed to send out 10 resumes to get a callback. They found that applicants with African American sounding names needed to send out_____resumes.

• A) 15
• B) 10
• C) 29
• D) 3

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Definitions:

Net Capital Outflow

The difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners.

Foreign-Currency Exchange

The system through which one currency is converted into another, enabling international transactions without the impediment of differing national currencies.

U.S. Resident

An individual who lives in the United States, regardless of citizenship status, for a significant portion of the calendar year.

Government Budget Deficit

The financial situation in which a government's expenditures exceed its revenues, leading to borrowing or reducing reserves.