An international lender of last resort creates a serious moral hazard problem because ________ and other ________ of banking institutions expect that they will be protected if a crisis occurs

A) depositors; debtors
B) depositors; creditors
C) borrowers; debtors
D) borrowers; creditors

B

Economics

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Refer to Scenario 6.1. If both Tasha and Gloria play their dominant strategies, Tasha's net payoff will be ________ and Gloria's net payoff will be ________

A) $15; $12 B) $15; $15 C) $30; $30 D) $12; $12

Economics

Dell computers has increased production efficiency by

A) producing output with fewer inputs. B) expanding the amount of inputs used. C) outsourcing production. D) relying on decreasing returns to scale.

Economics