Which of the following theories states that people who are highly risk-averse are less likely to engage in high-risk activities?
a. The theory of moral hazard
b. The theory of adverse selection
c. The propitious selection theory
d. The death spiral theory
C
Economics
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Economics examines the options open to households and business firms, but ignores the options of governments and entire societies
a. True b. False Indicate whether the statement is true or false
Economics
State what, if anything, each of the following does to the supply or demand of loanable funds
a. net capital outflow increases at each interest rate b. domestic investment increases at each interest rate c. the government deficit increases d. private saving increases
Economics