Which of the following statements can be called a productivity-revealing theory?
a. human-capital theory and signaling theory
b. human-capital theory but not signaling theory
c. signaling theory but not human-capital theory
d. neither human-capital theory nor signaling theory
c
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Under the right circumstances, what resource could be used in the production of gasoline?
A) Rosary beads B) A telephone operator C) Olive oil D) Computers E) All of the above.
Refer to the scenario above. What will be the future value of the deposit after 2 years?
A) $8,761.20 B) $8,990.40 C) $9,000 D) $9331.20
What three things must a firm know in order to calculate costs?
What will be an ideal response?
When borrowers who do not intend to repay are able to hide their bad credit histories, a lender's well-intentioned borrowers should
a. complain to regulatory authorities b. withdraw their loan applications c. offer more collateral in exchange for lower interest charges d. divulge still more information on their loan applications e. hope for a pooling equilibrium