If, after she buys a car with air bags, Maria Andretti starts to drive recklessly, that would be an illustration of:
a. the moral hazard problem
b. the free rider problem.
c. the adverse selection problem.
d. the "lemon" problem.
a
Economics
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In the United States, the Federal Reserve pursues an inflation targeting policy of keeping inflation below 2 percent
Indicate whether the statement is true or false
Economics
In Sioux Falls, South Dakota, there are many pizza restaurants, each offering similar types of pizza but each restaurant is located in a different place around the city. It is likely a pizza restaurant in Sioux Falls, South Dakota, operates in a(n):
A. perfectly competitive market. B. monopolistically competitive market. C. monopoly market. D. oligopoly market.
Economics