1.
hich of the following is not a property required of a perfect voting system ?

2.
Refer to Figure 1 What percent of the population vote for A when the choice is between A and B ?

3.
A life insurance company forces Enzo to have a medical examination prior to selling him insurance ?

4.
Which of the following is not a method firms use to avoid the moral hazard problem in the employment relationship ?

5.
Which of the following is an example of a signal that is used to reveal private information ?

6.
Markus is a travelling salesman for an apparel company. In this employment relationship, Markus is the ?

7.
Jamil’s car is in need of repair, so John decides to sell it avoid the repair bill. Unaware of the problem, Shahab buys the car. This is an example of ?

8.
Suppose that the firms collude and become a cartel The best level of output for the cartel as a whole is ___________ the price equals __________ and profits total __________?

9.
Poor developing countries typically impose __________ tariffs than rich advanced nations on imports?

10.
Membership in the World Trade Organization for china ?

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