A type of ________ problem that occurs when a person or institution has multiple objectives that conflict with each other is called ________
A) moral hazard; conflicts of interest
B) adverse selection; conflicts of interest
C) moral hazard; spinning
D) adverse selection; spinning
A
Economics
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Explain the relationship between the real interest rate and the demand for loanable funds. Compare that relationship to the relationship between expected profit and the demand for loanable funds
What will be an ideal response?
Economics
If a firm's output equals 10, product price equals $5.00, TFC = $8.00, and TVC = $60.00, then AFC would equal
a. $.80 b. $1.00 c. $80.00 d. $2.00 e. $8.00
Economics