The tendency for people to behave in a riskier way or to renege on contracts when they do not face the full consequences of their actions is called:

During which of the following years did the Fed fail to pursue a policy aimed at stabilizing the output ratio?

A) 1988 B) 1990 C) 1994 D) 1997

What are the two most important factors influencing investor preferences?

A. The desire for high rates of return and the thrill of uncertainty. B. The desire for high rates of return and dislike of risk and uncertainty. C. An equal balance between stocks and bonds, and high rates of return. D. Stable rates of return and balance between private and public sector financial assets.