This topic contains a solution. Click here to go to the answer

Author Question: The two types of asymmetric information situations are those with a. hidden costs and hidden ... (Read 69 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
The two types of asymmetric information situations are those with
 a. hidden costs and hidden actions
  b. hidden characteristics and hidden costs
  c. hidden actions and hidden selection
  d. hidden characteristics and hidden actions
  e. moral hazard and natural selection

Question 2

The PPP theory says that in the long run the exchange rate between two currencies should move toward __________ the cost in each country of an identical basket of internationally traded goods.
 a. equalizing
  b. minimizing
  c. maximizing
  d. reducing to zero
  e. disequilibrating



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

D

Answer to Question 2

A




Anajune7

  • Member
  • Posts: 574
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

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

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library