Which of the Following Is an Example of Stereotyping

question 57

Multiple Choice

Which of the following is an example of stereotyping?

• A) A person believes atheists have very loose morals.
• B) A company chairman refuses to hire women for top management positions.
• C) A person believes Japanese people are hard workers.
• D) A person fears that minorities are trying to replace his country's culture.

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Definitions:

Labor Demanded

The total number of workers that employers are willing and able to hire at a given wage rate in a certain period of time.

Labor Supplied

The aggregate amount of hours that employees are prepared and capable of working for a specified rate of pay.

Binding Price Floor

A minimum price set by the government or body above the equilibrium price, leading to excess supply if the market cannot legally adjust to its equilibrium.

Sellers

Market participants involved in providing goods or services for purchase, playing a key role in the supply side of the economy.