Multiple Choice
Paul wants to renovate his home and is accepting bids from different contractors.An African-American contractor bids $5,000 for the job,and a Caucasian contractor bids $5,200 for the job.Paul hires the Caucasian contractor.This is likely due to ________.
A) compensating wage differentials
B) statistical discrimination in the job market
C) taste-based discrimination in the job market
D) gender wage gap
Correct Answer:
Verified
Correct Answer:
Verified
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