If only a small percentage of used computers on the market are plums (high-quality), then the asymmetric information concerning the quality of used computers has generated a ________ market.

A. thin
B. weak
C. tight
D. competitive

Answer: A

Economics

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An example of a variable factor of production in the short run is

A) a building. B) capital equipment. C) an employee. D) land.

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Refer to Table 8-19. Given the information above, calculate the GDP deflator in 2015

A) 87 B) 95 C) 105 D) 114

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