The Executive Orders That Prescribe That Employers Actively Encourage Job

question 130

Multiple Choice

The executive orders that prescribe that employers actively encourage job applications from members of minority groups and hire qualified employees from minority groups that are not fully represented in their organization is known as ___.

• A) Title VII of the Civil Rights Act of 1964
• B) affirmative action
• C) Age Discrimination in Employment Act
• D) Fair Labor Standards Act
• E) Affirmative Diversity

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Definitions:

Asymmetric Information

A situation where one party in a transaction has more or better information than the other, leading to an imbalance in power and potentially unfair outcomes.

Hidden Action

A situation in which an agent's actions are not fully observable by the principal, potentially leading to moral hazard.

Moral Hazard

A situation where one party engages in risky behavior knowing that it is protected against the consequences, often due to an asymmetry of information or a misalignment of incentives.

Imperfectly Monitored

A situation where there is insufficient oversight or observation, often leading to non-compliance or deviation from expected standards.