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    Exam 14: Transaction Costs, asymmetric Information, and Behavioral Economics
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    The Use of a Proxy Measure to Communicate Information About
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The Use of a Proxy Measure to Communicate Information About

Question 57

Question 57

Multiple Choice

The use of a proxy measure to communicate information about unobservable characteristics to the uninformed side of the market is called _____


A) screening.
B) signaling.
C) efficiency wage.
D) a core competency.
E) bounded rationality.

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