An insurance company offering discounts to students with high grades in school an example of:
A. screening.
B. signaling.
C. statistical discrimination.
D. building a reputation.
C. statistical discrimination.
You might also like to view...
Protectionism is the use of ________ to protect domestic firms from foreign competition
A) cheap labor B) trade barriers C) dumping D) military force
A preference for policies that place limits on trade is called:
A. liberalization. B. free trade. C. protectionism. D. autarky.
In the knowledge economy
A) the supply chain has been decomposed. B) property rights have been altered. C) increasing returns may occur more often. D) all of these choices.
Lower interest rates on business loans usually result in a(n):
a. decrease in aggregate demand. b. decrease in aggregate supply. c. decrease in investment spending. d. increase in government spending. e. increase in aggregate expenditures.