Using Conspicuous Consumption as a Signal for Ability Produces a Social

question 116

Multiple Choice

Using conspicuous consumption as a signal for ability produces a social inefficiency because

• A)consumption and ability are very poorly correlated.
• B)conspicuous consumption is not a useful signal.
• C)a positional arms race ensues,with greater and greater amounts being spent on conspicuous consumption.
• D)earnings and ability are very poorly correlated.

Differentiate between "can do" factors and "will do" factors in applicant assessments.

Identify legal and ethical considerations in the selection process.

Describe the types of validity in employee selection tests and their importance.

Recognize the importance of cognitive and personality testing in the selection process.

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Definitions:

Levels of Awareness

The varying degrees to which an individual is conscious of stimuli, thoughts, or feelings, ranging from full consciousness to unconsciousness.

Psychological Functioning

Refers to the cognitive, emotional, and behavioral capacities and behaviors of an individual, highlighting aspects such as perception, memory, and mental health.

Circadian Rhythms

Physical, mental, and behavioral changes that follow a roughly 24-hour cycle, responding primarily to light and darkness in an organism's environment.

Physiological Functioning

Refers to the normal and healthy operations of bodily organs and systems, which support life and maintain homeostasis.