Author Question: Suppose you and your friend are in a shopping mall and you borrow 100 from your friend to pay for a ... (Read 74 times)

mcmcdaniel

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Suppose you and your friend are in a shopping mall and you borrow 100 from your friend to pay for a pair of shoes that you purchase in a sho
 
  A) transaction costs. B) indirect financing. C) direct financing. D) moral hazard.

Question 2

Changes in demand will often be met with changes in output rather than changes in prices because of formal and informal contracts.
 
  Indicate whether the statement is true or false


juicepod

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Answer to Question 1

C

Answer to Question 2

TRUE



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