The basic attribute of monopolistic competition that is a strong counterforce to the "McDonaldization of America" as espoused by Karal Ann Marling is ______________________.

If a bond was to pay off one year from now for $440 and the interest rate is 10 percent, what is the price of the bond?

A) $44 B) $400 C) $440 D) $484

In markets with asymmetric information

A) asymmetric information causes moral hazard and then it causes adverse selection. B) moral hazard causes adverse selection which in turn causes asymmetric information. C) asymmetric information causes adverse selection and then it causes moral hazard. D) adverse selection causes moral hazard which in turn causes asymmetric information.