When bad drivers line up to purchase collision insurance, automobile insurers are subject to the

A) moral hazard problem.
B) adverse selection problem.
C) assigned risk problem.
D) ill queue problem.

B

Economics

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If U.S. exports are $2.2 billion and our imports are $2.7 billion

A) the United States is lending to the rest of the world. B) U.S. national saving is too high. C) the United States is borrowing from the rest of the world. D) U.S. investment must decrease.

Economics

As a consumer moves rightward along an indifference curve, the

A) consumer remains indifferent among the different combinations of goods. B) consumer generally prefers the combinations of goods farther rightward along the indifference curve. C) income required to buy the combinations of the goods always increases. D) relative price of both goods falls.

Economics