An uninformed party can use ________ to learn about the information held by the informed party
A) signaling
B) screening
C) a warranty
D) educational attainment
B
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Peanut butter and jelly are complements for consumers. In 2015, the price of peanut butter increased. As a result, the ________ increased, which led to ________ in the price of jelly and ________ in the quantity of jelly
A) demand for jelly; a decrease; a decrease B) supply of jelly; a decrease; an increase C) supply of jelly; an increase; a decrease D) demand for jelly; an increase; an increase
Which of the following is a direct implication of the view that childbearing is an economic decision?
(a) People will not have additional children unless they can earn a profit from doing so. (b) Social factors have no effect on childbearing decisions. (c) Compulsory education will increase fertility because educated children have the potential to earn higher salaries. (d) Fertility should fall with improved opportunities for women to work in jobs outside the home.
China's economy did not decline at all during its transition from communism to capitalism
Indicate whether the statement is true or false
All of the following are macroeconomic injections into the circular flow except:
a. Consumption b. Gross private domestic investment c. National government spending d.All of the above. e. None of the above.