Insurance companies require male drivers under age 25 to pay higher insurance rates than female drivers under age 25. Craig Raymond, however, is a safer driver than the average female driver under age 25. Craig's higher insurance rate reflects
A) monopoly power.
B) statistical discrimination.
C) the insurance firm's taste for discrimination.
D) human-capital discrimination.
Correct Answer:
Verified
Q161: Which of the following is an example
Q162: In a labor market generally biased against
Q163: In the taste-for-discrimination model,
A)a decline in discrimination
Q164: An implication of the taste-for-discrimination model is
Q165: An employer is prejudiced, prefers to hire
Q167: Suppose Copernicus Corporation hires Damon Danielson rather
Q168: Assume that all workers are equally productive,
Q169: Statistical discrimination refers to
A)the crowding of women
Q170: Statistical discrimination
A)is malicious.
B)is profitable but not malicious.
C)cannot
Q171: If there is a widespread bias against
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