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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 3
Problem 3
In what way does a college degree act as a signal in the job market?
A
It signals the applicant's ability to complete complex tasks and adhere to deadlines.
B
It indicates the applicant has no practical skills.
C
It guarantees the applicant will receive a high salary.
D
It suggests the applicant is not interested in the job.
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