This group, consisting of individuals who would like to work but have not looked for work during the past four weeks, is included among

Investment banks differ from commercial banks in the fact that

A) investment banks work only with wealthy customers while commercial banks work only with private firms. B) commercial banks sell stocks on behalf of their customers while investment banks just finance loans. C) commercial banks issue stocks and bonds while investment banks do not. D) investment banks help other financial institutions and governments engage in financial markets while commercial banks work with individuals. E) commercial banks service the needs of local governments while investment banks work with the federal government.

Jackson buys an automobile insurance policy and then decides to drive recklessly because he knows he is insured in case he has an accident. This describes the problem of

A) adverse selection. B) asymmetric information. C) moral hazard. D) risk pooling.