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

Author Question: An individual in the US wants to buy a car from England which costs 12,000 pounds. If the exchange ... (Read 45 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jul 1, 2018
An individual in the US wants to buy a car from England which costs 12,000 pounds. If the exchange rate is 1 pound = 1.75, how much would the car cost him in dollars?
 a. 21,000
 b. 6,800
 c. 12,000
 d. Need more information

Question 2

The following is an example of adverse selection
 a. A majority of those applying for well paid jobs are under qualified
 b. More reckless drivers opt for cars with fewer safety devices
 c. Individuals living in less secure neighborhoods want to buy less insurance
 d. Individuals with a strong family history of heart diseases opt to buy less insurance


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


dbose

  • Member
  • Posts: 597
Reply 2 on: Jul 1, 2018
Excellent

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

An individual's performance can be limited by environmental conditions, such as temperature. Ac An individual's performance can be limited by environmental conditions, such as temperature. Ac
Lenticels Allow Gas Exchange through the Periderm Lenticels Allow Gas Exchange through the Periderm
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
Columbian Exchange Columbian Exchange
New England Roots of Utopian Communities New England Roots of Utopian Communities
How many pounds of yeast must the manufacturer start with to obtain 550 lb at the end of 12 h? How many pounds of yeast must the manufacturer start with to obtain 550 lb at the end of 12 h?
Video: Hormonal regulation of pregnancy - week 1

For a complete list of videos, visit our video library