If Diplomas Work Efficiently in Signaling Productive Capabilities to Employers,the

question 22

Multiple Choice

If diplomas work efficiently in signaling productive capabilities to employers,the resulting equilibrium

• A) will be a separating equilibrium.
• B) will be a pooling equilibrium.
• C) will always be inefficient.
• D) will never be efficient.

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Definitions:

Conservative

A political and social philosophy that promotes retaining traditional social institutions and values, often with resistance to rapid change.

Risk Taking

The act of engaging in activities that involve uncertainty with the potential for a significant positive or negative outcome.

Transformational Leader

A leader who inspires followers to exceed their own self-interest for the good of the organization by effecting deep, substantial change.

Concentrate Resources

Strategy of focusing available resources and efforts in a specific area or on a specific task or goal to increase effectiveness.