__________ occurs because firm owners have an incentive to understate their true riskiness to borrow on a more favorable basis

A) Moral hazard
B) Adverse selection
C) Manager-stockholder conflict
D) Manager-lender conflict

B

Economics

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Other things constant, a ________ in price will ________ the ________ for a good

A) decrease; decrease; demand B) decrease; increase; demand C) decrease; increase; quantity demanded D) decrease; decrease; quantity demanded

Economics

The combinations of gasoline and coffee along one of Sam's indifference curves are combinations

A) which require the same total expenditure. B) that he can afford with his $60.00 income. C) among which he is "indifferent." D) that give him the same marginal rate of substitution.

Economics