Employers can find themselves in an adverse selection problem if there are too:
A. many applicants for each job.
B. few applicants for each job.
C. many qualified applicants for each job.
D. many underqualified applicants for each job.
Answer: D
You might also like to view...
If Xit is correlated with Xis for different values of s and t, then
A) Xit is said to be autocorrelated B) the OLS estimator cannot be computed C) statistical inference cannot proceed in a standard way even if clustered standard errors are used D) this is not of practical importance since these correlations are typically weak in applications
By 1850, the predominant port in the U.S. was
a. Charleston. b. New Orleans. c. Savannah. d. New York.
Which of the following is NOT an economic function of the U.S. government?
A) promoting competition B) providing public goods C) promoting price stability D) encouraging production of government-inhibited goods
Refer to the given data, symbols, and assumptions. If migration is costless and unimpeded, the combined value of total product in the two countries will:
Symbols: Q = number of workers demanded; W = wage rate; and VTP = value of the
cumulative total product (output) of the particular number of workers.
Assumptions: (1) The current wage in Zinnia is $20 and the current wage in Marigold is $12; (2) full employment exists in both countries.
A. decline from $62 to $36.
B. decline from $120 to $70.
C. increase from $36 to $62.
D. increase from $62 to $70.