Wearing an expensive business suit to an interview is a kind of
a. Screening mechanism
b. Signaling mechanism
c. Way to waste money
d. None of the above
b
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The transmission mechanism is the effect of changes in monetary policy on prices, real GDP, and employment
a. True b. False Indicate whether the statement is true or false
Differences in marginal revenue products among workers can help explain the presence of wage differentials
a. True b. False
When the market estimate of a company's riskiness decreases the market adjusts by
a. having the supply of that bond increase. b. having the supply of that bond decrease. c. having the demand for that bond increase. d. having the demand for that bond decrease.
To decrease the money supply the Fed can:
A. Reduce the reserve requirement, raise the discount rate, or sell bonds. B. Raise the reserve requirement, raise the discount rate, or sell bonds. C. Raise the reserve requirement, reduce the discount rate, or buy bonds. D. Raise the reserve requirement, raise the discount rate, or buy bonds.