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
In the summer of 1963, Buddhist monks protested against the rule of Diem (and his brother, the ...
Types of Health Insurance Service Coverage
How to avoid car insurance claims
Ramose's Brother May And His Wife Werener
One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ...