« previous next »

Author Question: Linda noticed that ever since her brother bought theft insurance for his car, he keeps forgetting to ... (Read 90 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Jun 29, 2018
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


jackie

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Types of Health Insurance Service Coverage Types of Health Insurance Service Coverage
This couple, a brother and sister in Germany and the proud parents of this child, are challenging ... 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 Ramose's Brother May And His Wife Werener
The Danger of Forgetting The Danger of Forgetting
Two Kinds of Forgetting Curves Two Kinds of Forgetting Curves
The Danger of Forgetting - Surgical Teams Forget Scissor The Danger of Forgetting - Surgical Teams Forget Scissor
Video: Steps of glucose catabolism

For a complete list of videos, visit our video library