An example of statistical discrimination would be:
A) charging young drivers a higher premium than older drivers.
B) charging homes near a lake higher premiums for flood insurance than those on a hill.
C) assuming the food will be better at an Italian restaurant than a Chinese one in the Little Italy neighborhood of NYC.
D) All of these are examples of statistical discrimination.
Correct Answer:
Verified
Q125: Statistical discrimination is not always:
A) legal.
B) ethical.
C)
Q126: The government can help solve the information
Q127: All food bought in the United States
Q128: Generalizing using statistical discrimination is:
A) an irrational
Q129: When government mandates participation in a program
Q131: One effect of government mandating participation in
Q133: When information asymmetry exists in a market,government:
A)
Q134: The government can help solve the information
Q135: The nutritional information now available at many
Q149: In the early 2000s, laws requiring banks
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