Quantitative data can be mapped using correspondence analysis

For decades, the economies of China, the former Soviet Union, and India functioned according to the tenets of:

A) market capitalism. B) market socialism. C) centrally planned socialism. D) centrally planned capitalism. E) market capitalism and socialistic capitalism.

As Akerlof argues, sellers who have a lemon, of course, know they have lemon but are not willing to tell the truth about the condition of their auto and, for the short selling period involved, can put their auto in a satisfactory condition that

approximates the normal condition of the auto that are not lemons. In subsequent literature, this problem called the _ problem. a. informational asymmetry b. agency c. moral hazard d. certification