USU-Intro To MacroEcon - Assignment 13

Question 12 1 point s uppose two types of students

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: point) S uppose two types of students, those from rural areas and those from urban areas, apply to college. There are only two types of performances, excellent and poor. It has been found that a higher percentage of urban students perform poorly than rural students. The colleges decide to admit only students applying from rural areas. This policy could be referred to as 1. consumer prejudice. 2. employee discrimination. 3. statistical discrimination. 4. employer discrimination. 5. productivity bias. Question 13 (1 point) For economists, discrimination is difficult to rationalize because 1. it is costly to discriminate. 2. it is not costly to discriminate. 3. economists know that in the real world, personal prejudices do not exist. 4. in a freely functioning labor market, there is no such thing as discrimination. 5. wages will not be allowed to fall below their natural equilibrium rate. Question 14 (1 point) Which of the following can result in occupational crowding? 1. 2. 3. 4. 5. S tatistical discrimination and imperfect information S tatistical discrimination Urban areas Competitive labor markets Imperfect information Question 15 (1 point) When the labor market is separated into categories such as "men's jobs" and "women's jobs," this separation is referred to by economists as 1. 2. 3. 4. 5. a labor market aberration. occupational hazards. rational behavior. a labor market shortage. occupational segregation. Question 16 (1 point) Which of the following is not correct? 1. S ome people believe that CEO pay is too high because shareholders in most corporations have little day-to-day influence....
View Full Document

Ask a homework question - tutors are online