Author Question: Whites are about equally divided over the cause for black poverty being racial inferiority or ... (Read 49 times)

jazziefee · **on:** Jul 1, 2018

Whites are about equally divided over the cause for black poverty being racial inferiority or discrimination.

Indicate whether the statement is true or false

Question 2

When a moral hazard problem exists for automobile driving, the marginal cost of driving

A) is lowered, and the amount of driving done is raised above the efficient level.
B) is lowered, and the amount of driving done is lowered below the efficient level.
C) is raised, and the amount of driving done is raised above the efficient level.
D) is raised, and the amount of driving done is lowered below the efficient level.
E) is raised above the efficient level, but market forces keep the total amount of driving is kept at the efficient level.