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Actor Ernie Kovacs portraying a used-car salesman. Akerlof's paper uses the market for used cars as an example of the problem of quality uncertainty. A used car is one in which ownership is transferred from one person to another, after a period of use by its first owner and its inevitable wear and tear.
Carros (French pronunciation:; Occitan: Carròs) is a commune in the Alpes-Maritimes department in southeastern France.Carros is one of sixteen villages grouped together by the Métropole Nice Côte d'Azur tourist department as the Route des Villages Perchés (Route of Perched Villages).
The Volkswagen Golf Mk5 (codenamed Typ 1K) is a compact car/small family car manufactured and marketed by Volkswagen, as the fifth generation of the Golf in three- or five-door hatchback (August 2003 – 2008) and a five-door station wagon (2007–2009) configurations, as well as the successor to the Golf Mk4.
The euro was established in 1999, but "for the first three years it was an invisible currency, used for accounting purposes only, e.g. in electronic payments". [2] In 2002, notes and coins began to circulate. The euro rapidly took over from the former national currencies and slowly expanded around the European Union.
The Euribor (before known as an acronym but most recently known as a standalone word) is a daily reference rate, published by the European Money Markets Institute, [1] based on the averaged interest rates at which Eurozone banks borrow unsecured funds from counterparties in the euro wholesale money market (before only in the interbank market).