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Author Question: If a seller knows more about the good than the buyer does, there exists a. perfect information b. ... (Read 28 times)

abarnes

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on: Jun 30, 2018
If a seller knows more about the good than the buyer does, there exists
 a. perfect information
  b. an externality
  c. a low marginal benefit of information for the buyer
  d. asymmetric information
  e. optimal search

Question 2

Which of the following statements is true?
 a. Foreigners owned 16.30 in U.S. assets
  b. U.S. residents owned 13.8 trillion in foreign assets
  c. U.S. residents owned 2.5 trillion more assets in the United States than foreigners owned abroad
  d. Foreign purchases of assets in the U.S. subtract from America's productive capacity
  e. Income from foreign-owned assets in the U.S. flows to Americans


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mrphibs

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


abarnes

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Reply #2 on: Jun 30, 2018
Thank you :)


mrphibs

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Reply #3 on: Jun 30, 2018
Happy to help you


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