A signal is
a. a proxy measure of job conditions
b. a proxy measure of a job applicant's skills
c. used by employers to indicate that a job interview is over
d. an indication of an excess supply of labor
e. an indication of an excess supply of qualified labor
B
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The key to diversification is that the risks should be:
A. positively correlated. B. uncorrelated. C. negatively correlated. D. easy to reduce.
Marginal revenue for a monopolist
A. decreases as price decreases because each unit of the good is being sold for a lower price. B. increases as output increases because demand is inelastic. C. is constant and equal to price. D. increases as price decreases because more people are willing and able to purchase the good at a lower price.
Crowding out due to government borrowing occurs when
A) lower interest rates increase private sector investments B) lower interest rates decrease private sector investment C) higher interest rates decrease private sector investment D) a smaller money supply increase private sector investment E) a smaller money supply decrease private sector investment
The federal funds rate is the interest rate that
A. is paid on government bonds. B. is paid on 3-month Treasury bills. C. the Fed charges banks to borrow funds. D. banks are charged when they borrow reserves from other banks.