Researchers have estimated the costs of the labor market discrimination against black Americans from 1929 to 1969 (in 1983 dollars) at about ________.
A) $56.6 million.
B) $1.6 billion.
C) $15.6 billion
D) $1.6 trillion.
E) $12.6 trillion.

Question

Quizplus · Accepted Answer

The correct estimate of the costs of labor market discrimination against black Americans from 1929 to 1969, when adjusted to 1983 dollars, is $1.6 trillion. This figure reflects the significant economic impact of discriminatory practices over this 40-year period.

Researchers Have Estimated the Costs of the Labor Market Discrimination