A college requesting applicants to submit their high school transcripts is an example of:
A. signaling.
B. screening.
C. statistical discrimination.
D. building a reputation.
B. screening.
Economics
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Refer to the scenario above. Suppose you decide to buy a Toyota Corolla. You value the car for $10,000. You don't know it, but the car dealer values it for $8,500. What is the minimum price that the seller would accept for the car?
A) $8,500 B) $7,000 C) $10,000 D) $5,000
Economics
Increases in interest rates are often blamed on
A) Congress. B) the President. C) the Fed. D) the U.S. Treasury.
Economics