Statistical Discrimination

question 54

Multiple Choice

Statistical discrimination:

• A)can limit the opportunities of individuals just because they happen to belong to a certain group of people.
• B)is a rational response to information asymmetry.
• C)is not always a legal solution to information asymmetry.
• D)All of these statements are true.

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Definitions:

Santa Claus

A mythical figure associated with the celebration of Christmas, known for delivering gifts to children around the world.

Classical Conditioning

The method by which repeated association of two stimuli results in a response that was initially elicited by the second stimulus being elicited by the first stimulus over time.

Neutral Stimulus

An initially neutral stimulus that doesn't trigger a specific reaction besides drawing attention, until it becomes linked with an unconditioned stimulus.

Conditioned Stimulus

An initially neutral cue that, upon repeated pairing with an unconditioned stimulus, produces a conditioned reaction.