The market where borrowers obtain funds from savers is referred to as the:

The Coase Theorem points out that for an efficient outcome to result, it is irrelevant which party receives the property rights

Indicate whether the statement is true or false

U.S. automobile manufacturers chose not to switch to producing subcompact cars for which of the following reasons?

(a) They did not perceive the U.S. demand for subcompacts as permanent. (b) This switch was not economically feasible in the long run. (c) Government policy prevented them from doing so. (d) All of the above.