This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When a seller knows more about the condition of a used car than the buyer does, the information is ... (Read 46 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
When a seller knows more about the condition of a used car than the buyer does, the information is said to be asymmetric.
 a. True
  b. False

Question 2

Which of the following is true about GNP?
 a. includes profits earned by a Mercedes factory in Alabama
  b. excludes profits earned by General Electric in India
  c. measures the market value of all goods and services produced by resources supplied the home country's residents and firms, regardless of the location of the resource
  d. stands for Generally Nice Products
  e. used by countries to classify the World Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


fahad

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

DNA is biological information DNA is biological information
Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui
Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt
Organizing Drug Information by Therapeutic Classification Organizing Drug Information by Therapeutic Classification
The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ... The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ...
Video: Medullary osmotic gradient - influencing factors

For a complete list of videos, visit our video library