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:

Economic Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

U.S. Government Securities

Financial instruments issued by the United States Department of the Treasury to finance the federal government's operations, regarded as safe investments due to government backing.

Financial Crisis

A broad term for a situation where financial assets suddenly lose a large part of their nominal value.

Discount Rate

The interest rate charged by central banks on loans they provide to commercial banks.