An example of the ________ problem would be if Brian borrowed money from Sean in order to purchase a used car and instead took a trip to Atlantic City using those funds
A) moral hazard
B) adverse selection
C) costly state verification
D) agency
A
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When the U.S. price level rises relative to other nations' price levels, then
A) U.S. exports decrease, U.S. imports increase, and the aggregate demand curve shifts rightward. B) U.S. exports decrease, U.S. imports increase, and there is a movement upward along the aggregate demand curve. C) U.S. exports increase and the aggregate demand curve shifts rightward. D) U.S. exports decrease, U.S. imports increase, and the aggregate demand curve shifts leftward. E) U.S. firms' profits increase and the aggregate demand curve shifts rightward.
Excessive fishing occurs because
a. each individual fisherman has little incentive to maintain the species for the next year. b. fishermen rely on government managers to worry about fish populations. c. fishermen are unionized, so they are not concerned with externalities. d. fishermen have other marketable skills and do not fear exploitation of fish reserves.
The change in output from hiring one additional unit of labor:
a. increasing marginal returns b. total cost c. marginal revenue d. marginal product of labor e. marginal cost
Refer to the information provided in Figure 13.3 below to answer the question(s) that follow. 
Figure 13.3Refer to Figure 13.3. The marginal revenue of the 12th pound of burritos is
A. -$4. B. -$3. C. $2. D. $8.