That Some Talented People May Not Enter an Occupation Because

question 221

Multiple Choice

That some talented people may not enter an occupation because they have heard that people with their personal characteristics do not get hired in that occupation is known as

• A)economic discrimination.
• B)a compensating difference.
• C)a negative feedback loop.
• D)worker discrimination.

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Definitions:

Equity in Income

The share of income from investments in associates over which the investor has significant influence but does not control.

Patent

A patent is a legal right granted by a government authority to an inventor or their assignee, giving exclusive rights to the patented process, design, or invention for a certain period.

Net Income

The conclusive profit of a business, determined by subtracting expenses, taxes, and costs from its overall revenue.

Excess of Cost

Excess of cost refers to the situation where the purchase price of an acquired company exceeds the sum of the fair value of its identifiable tangible and intangible assets.