An example of the problem of ________ is when a corporation uses the funds raised from selling bonds to fund corporate expansion to pay for Caribbean cruises for all of its employees and their families
A) adverse selection
B) moral hazard
C) risk sharing
D) credit risk
B
Economics
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Because of the shortcomings of concentration ratios, some economists prefer another measure of competition called
A) the Herfindahl-Hirschman Index. B) the Economic Profit Index. C) the Competition Index. D) the Marginal Revenue-Marginal Cost Index.
Economics
If real interest rates in Japan fall relative to real interest rates in the United States, the yen will likely __________ in terms of the dollar and the dollar will likely __________ in terms of the yen
A) appreciate; depreciate B) depreciate; appreciate C) remain unaffected; remain unaffected D) remain unaffected; appreciate E) remain unaffected; depreciate
Economics