Building a good reputation:

A. is a form of signaling.
B. is a form of statistical discrimination.
C. is a form of screening.
D. None of these statements is true.


Answer: A

Economics

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The relationship between distance traveled in 5 hours and speed shown in the figure above is

A) direct, linear. B) inverse, linear. C) direct, non-linear. D) inverse, positive. E) direct, negative.

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The demand for most agricultural products tends to be

a. both price and income elastic b. both price and income inelastic c. price inelastic and income elastic d. price elastic and income inelastic e. unit elastic in terms of price elasticity and income elastic

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The federal funds rate is the interest rate that

a. the government charges banks who borrow from it b. the Fed charges banks who borrow from it c. the federal government pays to borrow money d. federally or nationally chartered banks charge their customers for commercial loans e. banks charge other banks for short-term loans

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General Motors Corporation (a U.S.-based firm) produces a Saab vehicle in Sweden, and sells it in the United States. In which country's GDP is it included?

a. Sweden and the United States b. The United States because it was sold there c. The United States because GM is a U.S. company d. Sweden because it was produced there

Economics