In the bond market, the assigning of a risk premium is a tool designed to address the problem of:
A. information asymmetry.
B. moral hazard.
C. adverse selection.
D. the free-rider.
Answer: C
Economics
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Explain how the development of telecommunications has made cities like Bangalore and Omaha important locations for the development of service trade?
Economics
One of the difficulties in implementing monetary policy is the time it takes:
A. to enact monetary policy once the Fed has decided action is needed. B. to pass new monetary policy once the Fed has decided action is needed. C. monetary policy to have an effect in the economy once enacted. D. to get approval from the Congress to implement the policy.
Economics