The behavior of many savings-and-loans in the 1980s appears to be evidence __________ the existence of __________ problem in deposit insurance
A) supporting; a moral hazard
B) supporting; an adverse selection
C) against; a moral hazard
D) against; an adverse selection
A
Economics
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Firms can protect information in the form of inventions and other industrial know-how under which two types of laws?
A) patents and trade secrets B) trade secrets and copyrights C) trade secrets and trademarks D) patents and copyrights
Economics
The distance between the demand curve and the price the consumer has to pay for a product (given quantity demanded) is referred to as:
A. market surplus. B. producer surplus. C. consumer surplus. D. market shortage.
Economics