A problem for equity contracts is a particular type of ________ called the ________ problem

A) adverse selection; principal-agent
B) moral hazard; principal-agent
C) adverse selection; free-rider
D) moral hazard; free-rider

B

Economics

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Wealth is considered to be a nonincome determinant of consumption

a. True b. False Indicate whether the statement is true or false

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Medicare was established in

a. 1925 b. 1945 c. 1965 d. 1985 e. 1995

Economics