At the December meeting of the American Economic Association, 2, 500 new Ph.D.s look for college teaching jobs.If the average wage offer is $40, 000 and Tedium University makes that offer, it is likely to
A) be ignored
B) attract only average Ph.D.s
C) attract applicants from top schools
D) attract Ph.D.s with strong dissertations
E) attract applicants of below-average quality
Correct Answer:
Verified
Q168: A signal works best if
A)it is acquired
Q169: Signaling is the attempt by the uninformed
Q170: The idea that paying higher wages attracts
Q171: A signal is
A)anything used to show employees
Q172: A wage offer that is above the
Q174: Employers rely on a job applicant's signals
A)because
Q175: Darryl graduated with honors from college.However, he
Q176: Universities sometimes hire professors who are poor
Q177: Adverse selection is a situation in which
A)only
Q178: Which of the following is not related
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