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
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The purpose of the "draft" developed by owners' associations in many professional sports is to
A) assure all players at least a minimum salary. B) control competition among owners for the services of players. C) control competition among players. D) control competition between players and owners. E) keep all teams at roughly equal competitive levels.
To be counted as "employed" in the U.S. labor force statistics, a person
a. must be working for pay and be working full time. b. must be working for pay but does not have to be working full time. c. does not have to be working for pay if they are working for a family business but must be employed full time. d. does not have to be working for pay if they are working for a family business and does not have to be working full time
The questions below are based on the table below. Fill in the blank spaces first. 
If the product and labor markets are both imperfect, what will be the wage rate paid to the laborer?
What will be an ideal response?
What is meant by strategic behavior?
What will be an ideal response?