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    Foundations of Macroeconomics
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    Exam 12: Markets with Private Information
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    One of the Ways the Market for Used Cars Copes
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One of the Ways the Market for Used Cars Copes

Question 81

Question 81

Multiple Choice

One of the ways the market for used cars copes with the problems associated with private information is through the offering of


A) leases.
B) warranties.
C) low interest rates.
D) high prices for high-quality used cars.
E) low prices.

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