Adverse selection exists because ________
A) moral hazard exists
B) asymmetric information exists
C) of government regulation
D) financial innovation continually occurs
B
Economics
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Double counting (counting the same thing twice) in GDP accounting is avoided by not including
A) net exports. B) intermediate goods. C) illegal activities. D) depreciation.
Economics
When box office receipts are not corrected for inflation,
a. The Sound of Music ranks as the most popular movie of all time. b. Gone with the Wind does not rank as one of the 50 most popular movies of all time. c. Titanic ranks as the most popular movie of all time. d. Avatar does not rank as one of the 50 most popular movies of all time.
Economics