The possibility for recipients of funds in foreign countries to engage in riskier behavior after receiving financing is called
A. adverse selection.
B. inequitable financing.
C. moral hazard.
D. asymmetric information.
Answer: C
Economics
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The rule of reason was applied in the:
a. Standard Oil case. b. U.S. Steel case. c. American Tobacco Trust case. d. All of these.
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Which of the following events must result in a lower price in the market for Snickers?
a. Demand for Snickers increases, and supply of Snickers decreases. b. Demand for Snickers and supply of Snickers both decrease. c. Demand for Snickers decreases, and supply of Snickers increases. d. Demand for Snickers and supply of Snickers both increase
Economics