Suppose that you major in physics because potential employers perceive that it is harder than other majors.Assuming education has no real value,your majoring in physics provides potential employers with
A) a signal.
B) a screen.
C) a potential moral hazard.
D) a potential adverse selection.
Correct Answer:
Verified
Q44: Moral hazard occurs when
A)an employer closely monitors
Q49: Suppose you are covered under health insurance
Q69: The fact that someone with a high
Q93: When new professors are hired,their job performance
Q97: Insurance companies charge annual premiums to collect
Q99: John goes to work 8 hours per
Q114: Joe's Computers builds and sells computers for
Q119: Which of the following is an example
Q332: A radio story reported a study on
Q373: A life insurance company requires new applicants
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents