An example of screening during the hiring process is:
A. checking references.
B. an interview.
C. just asking for the information.
D. All of these are ways to screen candidates.
Answer: D
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The real quantity of money is
A) inversely related to GDP. B) measured in current dollars. C) inversely related to the price level. D) measured in constant dollars.
Suppose a graph is drawn to show a consumer's preferences for football tickets and basketball tickets. The quantity of football tickets is measured on the horizontal axis
If the price-consumption curve is horizontal when the price of football tickets changes, then A) football tickets are an inferior good. B) the demand for football tickets is perfectly elastic. C) the demand for football tickets is unit elastic. D) the demand curve for football tickets will be horizontal.
The purchasing power parity method of comparing income across countries is based on
What will be an ideal response?
There are many reasons why monopolies arise. Which of these is not one of them?