After Graduating from University, Natalia Hernandez Sent Out 100 Résumés

question 18

Multiple Choice

After graduating from university, Natalia Hernandez sent out 100 résumés and did not receive a single reply. She sent out the next 10 as "Natalia Smith" and got three calls. This example, based on the outcome of a Canadian study, demonstrates what continuing characteristic in the job market?

• A) a glass ceiling
• B) a vertical mosaic
• C) an ethnic mobility trap
• D) a visible minority trap

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Definitions:

Cost

The amount of money or resources expended to acquire an asset or to produce a product or service.

Depreciated

Depreciation refers to the reduction in the value of an asset over time due to wear and tear or obsolescence.

Fair Value

The cost one would incur for acquiring an asset or the amount one would need to pay off a debt in a smooth transaction between parties in the market as of the date of valuation.