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One Example of Labor-Market Discrimination Is That Firms May Be

question 3

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One example of labor-market discrimination is that firms may be less likely to interview job-market candidates whose names suggest that they are members of a racial minority.


Definitions:

Investment

The allocation of resources, usually financial, into assets or projects expected to yield future returns.

Economists

Experts who study the production, distribution, and consumption of goods and services.

Interest Rate

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal.

Interest Rates

The cost of borrowing money or the return on invested capital, expressed as a percentage of the principal amount.

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