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Author Question: The two types of asymmetric information situations are those with a. hidden costs and hidden ... (Read 116 times)

Anajune7

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on: Jun 30, 2018
The two types of asymmetric information situations are those with
 a. hidden costs and hidden actions
  b. hidden characteristics and hidden costs
  c. hidden actions and hidden selection
  d. hidden characteristics and hidden actions
  e. moral hazard and natural selection

Question 2

The PPP theory says that in the long run the exchange rate between two currencies should move toward __________ the cost in each country of an identical basket of internationally traded goods.
 a. equalizing
  b. minimizing
  c. maximizing
  d. reducing to zero
  e. disequilibrating


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johnpizzaz

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Anajune7

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

atrochim

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Reply 3 on: Yesterday
Excellent

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