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Final answer:The example illustrates the screening effect in the hiring process, where the employer uses certain qualifications to filter out candidates.Explanation:This example illustrates thescreening effect. The screening effect refers to the practice of using certain qualifications or criteria to filter out candidates during the hiring process. In this case, the employer decided to offer employment to the candidate with a four-year college degree, indicating that they have used the college degree as a screening criterion to choose the more qualified candidate.Learn more about Screening effect in hiring process here:brainly.com/question/34914782...