Multiple Choice
Which of the following is an example of statistical discrimination?
A) Auto insurance providers charge higher premiums to drivers of cars that are more likely to be stolen.
B) The government mandates that all drivers must have auto insurance.
C) Auto insurance providers offer perks to customers who have been with the provider for a longer period of time.
D) All of these are examples of statistical discrimination.
Correct Answer:

Verified
Correct Answer:
Verified
Q138: Markets are more likely to be subject
Q139: An informative signal:<br>A)is costly to fake.<br>B)contains hidden
Q140: Which of the following is an example
Q141: Information asymmetry is present when:<br>A)one person knows
Q142: When parties attempting to enter into an
Q144: Generalizing using statistical discrimination is:<br>A)an irrational response
Q145: When a transaction takes place repeatedly, one
Q146: Which of the following is a case
Q147: Taking action to reveal private information about
Q148: An important type of information asymmetry is:<br>A)information