Being a very careful apartment renter (always locking the door, making sure the stove and iron are off when leaving, etc.) is an example of ________.
A) moral hazard
B) certification
C) a hidden characteristic
D) screening
C) a hidden characteristic
Economics
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Since all assets typically do not move together, how can investors typically reduce risk?
A) Purchase only the best performing assets. B) Diversify one's portfolio across different asset classes. C) Avoid poor performing assets. D) Actively manage one's portfolio.
Economics
When we believe the best result will come from the decision we have made, we are being:
A. gullible. B. short-sighted. C. rational. D. considerate.
Economics
Workers earn less than half of the income generated by the production process
a. True b. False Indicate whether the statement is true or false
Economics
Additionally, some aspects of fiscal policy act
What will be an ideal response?
Economics