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
a
Economics
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Field (2003) claims that the period from 1929 to 1941 was the strongest period of what in U.S. history?
(a) Technological advancements (b) Monetary policy (c) Government action (d) Internationalization
Economics
Which of the following is both a financial institution and a financial intermediary?
a. banks b. stock exchanges c. the bond market d. All of the above are correct.
Economics