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Author Question: ________ is (are) used to distinguish between high and low quality and help correct the adverse ... (Read 24 times)

eruditmonkey@yahoo.com

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Question 1

Because education is less costly to obtain for highly productive individuals who are also likely to be highly productive in the work place, education ________ in the job market.


◦ does not work as a market signal
◦ is a weak market signal
◦ is a strong market signal
◦ is the only market signal

Question 2

________ is (are) used to distinguish between high and low quality and help correct the adverse selection problem.


◦ Asymmetric information
◦ Payoffs
◦ Moral hazard
◦ Market signals


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Marked as best answer by eruditmonkey@yahoo.com on Apr 19, 2019

hanadaa

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