In Pager and Western's (2012) Field Experiments on Racial Bias

question 12

Multiple Choice

In Pager and Western's (2012) field experiments on racial bias in hiring:

• A)African Americans received the fewest callbacks
• B)African American managers were more likely than White managers to hire African Americans
• C)Latino males had the highest unemployment rate
• D)race had a bigger effect on the jobs people got among men than among women
• E)Whites had more job offers than Latinos and African Americans because of their better credentials

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Definitions:

Production Possibilities Curve

A graphical representation showing the maximum number of goods or services that can be produced in an economy given available resources and technology.

Scarce Goods

Items that are limited in availability compared to the desires of people to possess them, requiring mechanisms like pricing or rationing to distribute them.

Unlimited Wants

The economic concept that humans have infinite desires or wishes for goods and services, despite having limited resources.

Invention

The creation of a new product or process, often facilitated by the knowledge of engineering and science.