Author Question: A service like CARFAX, which provides a used car buyer with the complete history of a used car, is ... (Read 41 times)

mydiamond · **on:** Jun 30, 2018

A service like CARFAX, which provides a used car buyer with the complete history of a used car, is profitable because of the problem of moral hazard.
a. True
b. False

Question 2

Industrial market countries are also referred to as
a. developing countries
b. low-income economies
c. middle-income economies
d. transitional economies
e. high-income economies