The Urban Institute Has Estimated That Over Some Years, Black

question 159

Multiple Choice

The Urban Institute has estimated that over some years, black workers lost more than ________ annually because of persisting employment discrimination.

• A) $800 million
• B) $33 billion
• C) $120 billion
• D) $1.3 trillion
• E) $4.9 trillion

---

Definitions:

Constant

A value that does not change in mathematical expressions or economic models, acting as a fixed point of reference.

Diminishing

A principle indicating that as more of a good or service is consumed, the marginal benefit to the consumer decreases.

Behavioral Economics

A field of economic research that examines the effects of psychological, cognitive, emotional, cultural, and social factors on economic decisions.

Rational

In economics, refers to individuals making decisions that will provide them with the greatest benefit or satisfaction given their limited resources.