Two types of asymmetric information that create problems for international investment are
A) adverse selection and moral selection. B) adverse hazard and moral hazard.
C) adverse selection and moral hazard. D) adverse hazard and moral selection.
C
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In Econland autonomous consumption equals 700, the marginal propensity to consume equals 0.80, net taxes are fixed at 50, investment is fixed at 100, government purchases are fixed at 100, and net exports are fixed at 40. The slope of the aggregate expenditures model line is
A. 0.90. B. 0.80. C. 0.20. D. 0.99.
The curve that best helps a firm determine which output level will maximize profits is the
a. total product curve b. marginal product curve c. average total cost curve d. marginal cost curve e. average variable cost curve
Actual investment spending includes
What will be an ideal response?
If a firm sells to two distinct identifiable markets and resale is impossible, why is price discrimination more profitable than setting a single price?
What will be an ideal response?