Statistical Discrimination Occurs When

question 143

Multiple Choice

Statistical discrimination occurs when

• A)individuals are judged by their personal characteristics.
• B)individuals are judged on the basis of the groups to which they belong.
• C)groups are composed of individuals with the same characteristics.
• D)statistics are used to make employment decisions.

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Definitions:

Cross Town Tollway

A toll road designed to facilitate quicker transportation across a town or city, often requiring payment for use.

Rush Hour

A period during the day when traffic congestion is at its highest, often due to people commuting to or from work.

Willingness-to-pay

The maximum amount an individual is ready to spend to procure a good or service, reflecting its perceived value.

Two-part Tariff

A pricing mechanism that consists of a fixed fee plus a variable charge for every unit of the good or service consumed.