In the used car market, adverse selection can be limited by
A) offering warranties.
B) establishing loan limits.
C) requiring high deductibles.
D) requiring low deductibles.
A
Economics
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Refer to the table above. Based on this information, we can conclude that Laborland has a ________
A) current account surplus B) current account deficit C) trade surplus D) budget deficit
Economics
The real wage rate measures the
A) quantity of goods and services that an hour of work will buy. B) average weekly earnings in dollars of a worker. C) dollar value of an hour of work. D) dollar value of what a worker could earn in another job.
Economics