This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The loan market is in equilibrium. If the demand for land decreases, the rental rate of land ... (Read 151 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
The loan market is in equilibrium. If the demand for land decreases, the rental rate of land ________.
 
  A) might rise or fall
  B) rises
  C) falls
  D) remains unchanged

Question 2

What is private information and what problems does it create?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

Private information is information that is available to one person but too costly for anyone else to obtain. Private information creates two problems: moral hazard and adverse selection.


karateprodigy

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jun 29, 2018
Thank you


kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Rate of Growth of Brain Areas Rate of Growth of Brain Areas
Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction. Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction.
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
Outgroup role in relative rate test Outgroup role in relative rate test
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ... A farmer has 100 acres of land on which she plans to grow wheat and corn. Each acre of wheat ...
Video: Baroreceptor Reflex

For a complete list of videos, visit our video library