Some Companies Subject Their Applicants to Extensive Tests.Why

question 82

Multiple Choice

Some companies subject their applicants to extensive tests.Why?

• A) to reduce the informational asymmetry between the firm and the applicant
• B) to screen the applicant to avoid the problem of adverse selection
• C) to gather more information about the applicant
• D) All of the above.

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Definitions:

Unemployment

A state in which a person who is actively seeking employment is unable to find work.

Substitute Marriage Cohabitation

Substitute Marriage Cohabitation refers to living arrangements where couples live together in a long-term relationship that mimics marriage in many aspects but without legal marital status.

Premarital Cohabitation

The act of living together in a romantic relationship without being married.

Dating Cohabitation

Refers to unmarried couples living together in a romantic relationship.