An employer is prejudiced, prefers to hire white rather than Hispanic workers, and is willing to pay higher wages to obtain white workers. This illustrates:

A. reverse discrimination.
B. the crowding model.
C. the taste-for-discrimination model.
D. statistical discrimination.

Answer: C

Economics

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The exchange rate between the United States and Japan

A) is fixed so it does not change. B) consistently decreases over time. C) does not exist. D) consistently increases over time. E) fluctuates, sometimes rising and sometimes falling.

Economics

Looking at inflation rates in the United States since the 1970s we see that

A) inflation fell the most during the 1970s productivity slowdown. B) the highest inflation rates were the double digits during the 1990s. C) the inflation rate increased with the increased growth of the 1990s. D) the 1970s experienced the highest inflation rates.

Economics