The Judging of an Individual on the Basis of the Average

question 153

Multiple Choice

The judging of an individual on the basis of the average characteristics of the group to which the individual belongs rather than the individual's characteristics is

• A) statistical discrimination.
• B) reverse discrimination.
• C) human capital discrimination.
• D) wage discrimination.

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Definitions:

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the liquidity of the business.

Fixed Assets

Long-term tangible assets held for business use and not expected to be converted to cash in the short-term, such as buildings, machinery, and equipment.

Book Value

The net value of a company's assets, less its liabilities and intangible assets, as recorded on the balance sheet.

Market Value

The current price at which an asset or service can be bought or sold in the marketplace, which fluctuates based on supply and demand dynamics.