All of the following are ways for market participants to overcome adverse selection except for which one?
A) profit-sharing
B) screening
C) certification
D) signaling
A) profit-sharing
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If the federal government has a budget surplus, then it is definitely the case that
A) tax revenue exceeds government outlays. B) tax revenue and government outlays are equal. C) the tax revenue is falling and government outlays are rising. D) government outlays exceed tax revenue. E) the tax revenue is rising and government outlays are falling.
If nominal GDP is $10,000 and real GDP is $8,000, then the GDP deflator is 125
a. True b. False Indicate whether the statement is true or false
Which of the following integration types has the potential problem of increasing the firm's market power?
A. Cointegration B. Horizontal integration C. Conglomerate integration D. Vertical integration
At the current interest rate, suppose the supply of money is less than the demand for money. Given this information, we know that
A) the price of bonds will tend increase. B) the price of bonds will tend to fall. C) production equals demand. D) the goods market is also in equilibrium. E) the supply of bonds also equals the demand for bonds.