Statistical Discrimination Using Gender and Age

question 84

Multiple Choice

Statistical discrimination using gender and age:

• A) is legal in the insurance market, but not the job market.
• B) is legal in the job market, but not the insurance market.
• C) is legal in any market, but using race is not.
• D) is illegal in any market.

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Definitions:

Gainsharing Plans

Performance-based compensation programs where savings or gains from increased productivity and cost-efficiency are shared with employees.

Share Options

Financial derivative instruments that give the holder the right, but not the obligation, to buy or sell company shares at a specified price before a specified date.

Share Option Plans

Compensation strategies used by organizations to offer employees the option to buy company shares at a future date at a price established when the option is granted, incentivizing long-term commitment.

Predetermined Price

A price set in advance, often based on cost calculations, market predictions or agreements, before a transaction takes place.