Refer to the scenario above. The future value of the initial deposit after one year is:

Some people will often remark that the used car market is a counter-cyclical business,meaning that the fortunes of the business tend to move in the opposite direction of the health of the economy

Why might this be true and what conclusion can you make about what kind of a good used cars would be classified as economically speaking?

Greatest availability of a service to those who need it least is called

a. market system b. public provision c. adverse selection d. non-exclusion e. none of the above