During pledge week your local public television station asks viewers to contribute to the station. People who watch public television but do not contribute are:
A. free-riding.
B. engaged in moral hazard.
C. those who do not value public television.
D. causing adverse selection.
Answer: A
You might also like to view...
The last trade bill to set overall tariff rates for the United States was the Smoot-Hawley Tariff of 1930
Indicate whether the statement is true or false
A closed economy
A) can save either by building up its capital stock or by acquiring foreign wealth. B) can save only by building up its capital stock. C) can save only by acquiring foreign wealth. D) cannot save either by building up its capital stock or by acquiring foreign wealth. E) can save by avoiding excessive imports.
When the economy enters a prosperity phase, unemployment insurance payments
a. fall, causing incomes and spending to fall more slowly than real GDP b. fall, causing incomes and spending to fall more rapidly than real GDP c. rise, causing incomes and spending to rise more slowly than real GDP d. rise, causing incomes and spending to rise more rapidly e. fall, causing incomes and spending to fall at the same rate as real GDP
The Dango describes
A. covert collusion in the Japanese construction industry. B. a Korean business arrangement whereby only firms with insider connections may enter an industry. C. a bribe paid by colluding business firms to get government contracts in Asia. D. the price set by the price leader in Eastern European oligopolies.