This topic contains a solution. Click here to go to the answer

Author Question: If country A produces S at a lower relative price than country B, A is said to have a comparative ... (Read 92 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
If country A produces S at a lower relative price than country B, A is said to have a comparative advantage in S.
 
  Indicate whether the statement is true or false

Question 2

All of the following involve a moral hazard problem EXCEPT
 
  A) an individual driving carelessly after buying a comprehensive insurance policy for a Ford Pinto.
  B) the IMF bailing Mexico out of a financial crisis, with promises to do the same for other nations that might face financial problems.
  C) making regular visits to your doctor because you know that you have full healthcare coverage.
  D) the requirement of banking institutions that owners invest a substantial portion of their own capital in their bank.
  E) membership in FDIC (Federal Deposit Insurance Corporation) by your local bank.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ally

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

TRUE

Answer to Question 2

D




Mr3Hunna

  • Member
  • Posts: 536
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

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

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

For a complete list of videos, visit our video library