Requiring that applicants get drug tested is an example of:

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

Answer: C

Economics

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The law of diminishing marginal utility helps to explain why supply curves are generally upward sloping

Indicate whether the statement is true or false

Economics

Figure 17-2


Given the situation in graph (1) in Figure 17-2, what action could be expected from the economy's self-correcting mechanism?

a.
an increase in aggregate demand

b.
a decrease in aggregate demand

c.
an increase in aggregate supply

d.
a decrease in aggregate supply

Economics