A business owner applies for a bank loan to launch a fairly low-risk project. After receiving the loan, she cancels the low-risk project and instead uses the borrowed funds for a high-risk venture. This is an example of
A) financial intermediation.
B) the transactions approach.
C) moral hazard.
D) capital controls.
C
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Increases in autonomous spending cause leftward shifts of the aggregate demand and supply curves
Indicate whether the statement is true or false
What is not an accurate description of US immigration?
a. Significant immigration from continental Europe started after the War of 1812. b. Most immigrants in the initial period of the US came from NW Europe, were replaced first by immigrants from Asian nations, which were eventually replaced by immigrants from SE Europe. c. Large scale immigration from Latin America to the US started since the Depression.
If the use of a common resource is not regulated,
a. no one can enjoy it. b. it will tend to be underused. c. property rights will be clearly defined. d. it will be overused.
The prices of stock traded on exchanges are determined by
a. the Corporate Stock Administration. b. the administrators of NASDAQ. c. the supply of, and demand for, the stock. d. All of the above are correct.