Risk-based deposit insurance premiums have recently been __________ and this is expected to __________ the moral hazard problem of deposit insurance
A) abolished; alleviate
B) abolished; worsen
C) established; alleviate
D) established; worsen
C
Economics
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A game-theory explanation of the paradox that even though all countries would benefit if each chose free trade, in fact each tends to follow protectionist policies is
A) trade war. B) collective action. C) prisoner's dilemma. D) benefit-cost analysis. E) rent seeking.
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The presumption that ability breeds economic success finds empirical support
Indicate whether the statement is true or false
Economics