The tendency of bankers to take unwarranted risks in making loans because deposits were insured is an example of _____
a. anchoring bias
b. self-serving bias
c. moral hazard
d. hazard pay
e. banker's lobbying
c
Economics
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Is the marginal benefit someone receives from a good or service the same as the price the person pays? Explain your answer
What will be an ideal response?
Economics
To raise economic growth, a tighter fiscal policy should be accompanied by a ________ money supply in order to keep the ________ from falling
A) larger, output ratio B) larger, real interest rate C) smaller, output ratio D) smaller, real interest rate
Economics