If There Is Systematic Discrimination Against a Group of Workers

question 181

Multiple Choice

If there is systematic discrimination against a group of workers, then the wage paid to those workers likely will be

• A)lower due to a higher supply of workers in that group.
• B)lower due to a lower demand for workers in that group.
• C)higher due to a lower supply of workers in that group.
• D)higher due to a higher demand for workers in that group.

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Definitions:

Risk

The potential for losing something of value or the possibility of an adverse outcome.

Equity Funds

Investments that are made into companies by purchasing shares, thereby gaining an equity interest in the company.

Repaid

Refers to the act of paying back money that was borrowed from an individual, bank, or financial institution.

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales, such as rent or salaries.