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True

False

Moral hazard exists when a person does not have high moral standards

True

False

Hope scholarship was aimed to make colleges more affordable

True

False

Companies who offer rebates for safe driving are trying to deal with the moral hazard problem

True

False

Past health history is an example of a hidden action

True

False

The market for lemons explains the adverse selection problem

True

False

An increase in wages increases productivity

True

False

Going to college increases your human capital

True

False

Political stability is an important factor in a country's standard of living

True

False

Immigration decreases productivity

True

False

Japan has a limited amount of natural resources

True

False

A future contract is beneficial to the farmer when prices of the commodity rise

True

False

Stocks are usually safer than bonds and have higher return rates

True

False

Value of bond increases as interest rates increase

True

False

The market efficiency hypothesis says that all stocks are fairly valued

True

False

One of the determinants of the stock price is the future profitability of a company

True

False

The majority voting rule is always better than the plurality voting rule

True

False

Politicians always agree with each other because they want to implement the same policies

True

False

The median voter decides the outcome of the election in case of a tie

True

False

Lobbyists promote policies supported by the majority of voters

True

False

The individual vote is most likely not going to determine the outcome of a major election

 

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Joshua Stredder
Joshua StredderLv10
28 Sep 2019

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