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 45 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


rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

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

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library