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Suppose that consumers have pessimistic expectations about buying a used car and they believe the actual chance of getting a lemon is high. Under this
Suppose that consumers have pessimistic expectations about buying a used car and they believe the actual chance of getting a lemon is high. Under this scenario, the price of used cars will __________. ANSWER Unselected remain the same Unselected rise Unselected fall
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Core Macroeconomics
Authors: Eric Chiang
3rd edition
978-1429278478, 1429278471, 978-1429278492, 1429278498, 1464191433, 978-1464191435
