Public goods like roads can be privatized by spending money on their repair

The greatest appeal of U.S. Treasury securities is that

A) they have high yields. B) they have no default risk. C) the U.S. Treasury will repurchase them at any time. D) their market prices fluctuate very little.

Firms that seek to avoid hiring lazy workers that assert they are hardworking are trying to avoid

A) adverse selection. B) moral hazard. C) screening. D) signaling.