Linda noticed that ever since her brother bought theft insurance for his car, he keeps forgetting to lock his car. Her brother's behavior is an example of ________.
A) adverse selection
B) moral hazard
C) a positive externality
D) a pecuniary externality
Question 2
Wobet is a small country that produces only steak and potatoes. Steaks have a price of 10 each and potatoes have a price of 1 each. Suppose that Wobet produces 10 steaks and 20 potatoes in 2010. Using ________, Wobet has GDP equal to ________.
A) market value; 30 units
B) a market basket; 30 units
C) market value; 120
D) real value; 120
E) a price index; 120
When the United States gets stuck over a controversial issue—usually something a divided Congress ca
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Types of Health Insurance Service Coverage
This couple, a brother and sister in Germany and the proud parents of this child, are challenging ...
Ramose's Brother May And His Wife Werener
The Danger of Forgetting