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6.Sellersin the used car market have more information than the other side of the trade. As a result, prices in this market will tend to

6.Sellersin the used car market have more information than the other side of the trade. As a result, prices in this market will tend to decrease(True or False)

13. A policy which reduced the restrictions that prevent out-of-state physicians from practicing would createprogressiveredistribution and would haveconcentrated costs(True or False)

14.Arrow's Impossibility Theory suggests that voters have rationallyignorant preferencesfor policy as individuals and that creates aintransitiveset of preferences for society.(True or False)

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