A college education can be a signal because
A) a college education is expensive.
B) those who graduate college have successful parents, and are therefore also likely to be successful.
C) highly capable people are more likely to finish college than those with low capabilities.
D) college teaches useful skills and gives valuable training.
Correct Answer:
Verified
Q25: To reduce adverse selection,
A)firms can use screening.
B)both
Q26: Used car buyers will believe that a
Q28: Which of the following is a method
Q29: Assume Health Insurance is provided universally by
Q31: One method for solving the adverse selection
Q35: A consumer could screen the quality of
Q49: If the government provides universal health insurance,what
Q50: A physical examination is NOT a good
Q51: If a student achieves a high SAT
Q52: Life insurance companies often give applicants a
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