Which of the Following Best Exemplifies the Process of Self-Selection

question 33

Multiple Choice

Which of the following best exemplifies the process of self-selection?

• A)An applicant posts his or her resume on an online job bulletin board.
• B)An applicant decides to interview with a particular company while at a job fair.
• C)An applicant is asked to return for a second interview with a firm.
• D)An applicant asks a friend for advice on which companies to apply to.
• E)An applicant calls a firm to check whether she has been selected.

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Definitions:

Unemployment Insurance

A government program that provides financial assistance to eligible workers who lose their job through no fault of their own.

Animal Spirits

A term used to describe human emotions and psychological factors that drive consumer confidence and economic decision-making.

Real GDP

An inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year, expressed in base-year prices.

Investment

The process of distributing usually monetary resources with the goal of earning income or making a profit.