Examlex
Which of the following is an example of an undesirable side effect of the operation of the market mechanism?
Statistical Discrimination
A theory explaining how prejudice can arise in hiring or decision-making based on stereotypes associated with aggregate statistics rather than on individual attributes.
Productive
Describes a state or quality of being able to produce a significant amount of output within a given period of time.
Statistical Discrimination
A form of discrimination that occurs when decisions are made based on statistical averages or generalizations about groups, rather than on individual merits.
Individual Members
Refers to single persons or entities that are part of a larger group or organization.
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