Can economics overcome discrimination? Suppose an economy has two groups of individuals-Xs and the Ys-who have similar skills. Most employers, however, have a bias against Ys, so they hire only Xs. Thus Xs earn higher wages than Ys. Explain how economists predict that this discrimination will be overcome in the long run?

Question

Quizplus · Accepted Answer

The Answer of Can economics overcome discrimination? Suppose an economy has two groups of individuals-Xs and the Ys-who have similar skills. Most employers, however, have a bias against Ys, so they hire only Xs. Thus Xs earn higher wages than Ys. Explain how economists predict that this discrimination will be overcome in the long run?

Can Economics Overcome Discrimination? Suppose an Economy Has Two Groups