The use of a proxy measure to communicate information about unobservable characteristics to the uninformed side of the market is called _____
A) screening.
B) signaling.
C) efficiency wage.
D) a core competency.
E) bounded rationality.
Correct Answer:
Verified
Q148: Which of the following involves signaling?
A)high-wage rates
Q149: Traditional economics assumes that _
A)people have willpower.
B)people
Q150: Successful screening devices _
A)increase the supply of
Q151: Traditional economics assumes that _
A)people have willpower.
B)people
Q152: Sticking with an option even when circumstances
Q154: Which of these is an example of
Q155: Inertia is best described as _
A)doing nothing
Q156: Which of the following is an example
Q157: Traditional economics assumes that _
A)people have willpower.
B)people
Q158: Which of these is true of behavioral
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