The potential for recipients of a loan to engage in riskier behavior after receiving the financing is called
A) adverse selection. B) moral hazard. C) adverse hazard. D) moral selection.
B
Economics
You might also like to view...
An expected future increase in the price of gasoline may
A) increase the demand for gasoline now. B) decrease the demand for gasoline now. C) increase the supply of gasoline now. D) make gasoline an inferior good.
Economics
Hired housekeepers, nannies, and cooks, working in households as either employees or self-employed persons, earn incomes for productive services that are not counted in GDP
Indicate whether the statement is true or false
Economics