In the market for Canadian dollars measured in US dollars, the demand for Canadian dollars is
a. The supply of Canadian dollars
b. The demand for US Dollars
c. The supply of US dollars
d. None of the above
QUESTION 2Signaling is
a. actions by the informed party to reveal her true risks
b. actions by the informed party to conceal her true risks
c. actions by the uninformed party to uncover the true risks
d. actions by the uninformed party to conceal the true risks
QUESTION 3An individual's value for a good or service is the
a. The amount of money he or she used to pay for a good
b. The amount of money he or she is willing to pay for it
c. The amount of money he or she has to spend on goods
d. None of the above
QUESTION 4In the market for Canadian dollars measured in US dollars, the demand for US dollars is
a. The supply of Canadian dollars
b. The demand for Canadian Dollars
c. The supply of US dollars
d. None of the above
QUESTION 5For a screen to be successful,
a. High risk individuals must not be able to pose as low risk individuals
b. It must not be profitable for high risk individuals to pose as low risk individuals
c. High risk individuals should be able to pose as low risk individuals
d. None of the above
QUESTION 6Price gouging
a. Outlaw trade at prices above a certain price level
b. Outlaw trade at prices below a certain price level
c. Is an act of charging a high price to take advantage of shortages created by natural disasters
d. None of the above
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