A job advertised in an industry publication rather than a local newspaper is an attempt to
A) use access to the industry publication as a screening mechanism.
B) use access to the newspaper as a screening mechanism.
C) use access to the industry publication as a means of statistical discrimination.
D) use access to the newspaper as a means of statistical discrimination.
A
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Use the following graphs to answer the next question.
A short-run equilibrium that would produce profits for a monopolistically competitive firm would be represented by graph
A. A. B. B. C. C. D. D.
According to the graph shown, producer surplus is:
A. the area under the demand curve and above the market price.
B. the area under the supply curve and above the price.
C. the area above the supply curve and below the price.
D. the area above the demand curve and below the price.
The quantity of reserves demanded decreases as the federal funds rate rises because
A. people want more liquid assets as the federal funds rate rises. B. the price of bonds rise as the federal funds rate rises. C. the opportunity cost of holding excess reserves increases as the federal funds rate rises. D. people want more money to invest as the federal funds rate rises.
The balance of payments is divided into two major accounts, the
A. trade account and the capital account. B. current account and the capital account. C. current account and the reserve account. D. current account and the trade account.