In order to reduce the ________ problem in loan markets, bankers collect information from prospective borrowers to screen out the bad credit risks from the good ones
A) moral hazard
B) adverse selection
C) moral suasion
D) adverse lending
B
Economics
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An increase in the money wage rate ________ and an increase in the money prices of raw materials ________
A) shifts the AS curve leftward; shifts the AS curve leftward B) shifts the AS curve rightward; shifts the AS curve rightward C) shifts the AS curve leftward; does not shift the AS curve D) shifts the AS curve leftward; shifts the AS curve rightward E) shifts the AS curve rightward; shifts the AS curve leftward
Economics
Refer to Figure 4.2. The dominant strategy for Cameron is to
A) go to the movie theater. B) go to the bowling alley. C) go to either the movie theater or to the bowling alley. D) Cameron does not have a dominant strategy.
Economics