What agreement has been reached to reduce the moral hazard problem and what does it require?
What will be an ideal response?
The Basel Capital Accord, which sets capital requirements, requirements for supervisory review, and for requirements for information disclosure.
Economics
You might also like to view...
The "stimulus package"
What will be an ideal response?
Economics
From a purely economic point of view, discrimination is established if: a. black teenagers earn more than white teenagers do
b. all factors are earning an amount equivalent to their marginal revenue product. c. women earn less than men do. d. equivalent factors earn different payments for equal contributions to output.
Economics