The American Federation of Labor was organized
a. along ethnic lines
b. into geographic unions
c. as part of the Democratic Party
d. as an industrial union
e. along craft lines
E
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A stove is produced by a firm in 2014, added to the firm's inventory in 2014, and sold to a household in 2015 . It follows that
a. the value of the good is added to the investment category of 2014 GDP, added to the consumption category of 2015 GDP, and subtracted from the investment category of 2015 GDP. b. the value of the good is added to the investment category of 2014 GDP, added to the consumption category of 2015 GDP, and not included in the investment category of 2015 GDP. c. the value of the good is added to the investment category of 2014 GDP, subtracted from the consumption category of 2015 GDP, and not included in the investment category of 2015 GDP. d. the value of the good is added to the investment category of 2014 GDP, subtracted from the consumption category of 2015 GDP, and added to the investment category of 2015 GDP.
Which of the following does not illustrate the asymmetric information problem:
A. Ordinary financial investors do not know the motivations of financial advisers B. Ordinary customers do not know how sanitarily the food is prepared in a restaurant C. Ordinary stock-buyers do not know what will happen to the stock's price next week D. Ordinary car buyers do not know the actual quality of the various cars in the dealer's lot