Adverse selection and moral hazard arise because of ________.

Public goods are ________ in consumption, and their benefits are ________.

Which of the following statements about asymmetric information is false?

Firms produce too little output

Which of the following is not included in 2016’s GDP?

How is GDP per capita calculated?

How is GDP per capita calculated?

Why is GDP per capita a useful measure?

I have read and understand the Official Syllabus for this course.

Automated Proctoring – Reliable artificial intelligence (AI) monitors and reviews a student’s proctored exam. After the exam is completed, a human reviews the recording. Live Online Proctoring – A human proctor observes the testing session while the student is taking the test. Local Testing Center Proctoring – Testing is free at the Shelton State testing center on the Martin Campus. Remote College Testing Center Proctoring – Testing is provided for a fee charged at a testing center at an institution near the student. Proctoring Professionals – Network of individuals that other schools may have approved (high schools, military centers, etc.) The instructor as Proctor – The instructor may proctor the exam on campus at dates/times specified by the instructor. Hybrid Virtual Proctoring – A combination of automated proctoring and the instructor’s live proctoring exams. This method has the student being observed by a human while allowing the AI software to monitor and review the exam.