Which of the following is a government response to asymmetric information?

A) product guarantees
B) external product certification
C) manufacturer's warranties
D) government licensing

Answer: D

Economics

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Refer to Figure 2-7. Assume that in 2022, Apple temporarily shuts down one of its factories for an extensive renovation, and this reduces the amount of production capacity available for both types of vehicles. This is best represented by the

A) movement from H to J in Graph B. B) movement from K to L in Graph C. C) movement from J to G in Graph B. D) movement from E to F in Graph A.

Economics

A ten-year $1,000,000-face-value zero-coupon Treasury bond has a market price of __________ when the interest rate is 9.62%

A) $399,119 B) $674,844 C) $903,800 D) $962,000

Economics