An employer asking potential employees to interview with them is an example of:

A. statistical discrimination.
B. signaling.
C. building a reputation.
D. screening.

Answer: D

Economics

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The formula used to determine how long it will take a country to double its real GDP is called

A) the nominal-to-real formula. B) the double-or-nothing formula. C) the expenditure multiplier. D) the rule of 70.

Economics

When a group of workers forms a union, they introduce an element of

A) pure competition into the labor market. B) monopoly into the labor market. C) monopoly into the product market. D) monopsony into the product market.

Economics