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Solutions to Informational Problems
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Solutions to Informational Problems
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17. Asymmetric Information, Voting, and Public Choice / Solutions to Informational Problems / Problem 1
Problem 1
How does a college degree serve as a signal to potential employers?
A
It suggests that the applicant is overqualified for entry-level positions.
B
It guarantees that the applicant will perform well in any job.
C
It shows that the applicant has no work experience.
D
It indicates the applicant's ability to complete a long-term commitment and possess certain skills.
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