An example of moral hazard is
a. workers working diligently even though the boss is not looking
b. health care insured dieting and exercising
c. drivers of safer cars turning their phones off before driving
d. borrowers investing their loan proceeds differently than the bank requires
d
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The variables that determine a household's budget line are
A) its preferences and income. B) its preferences and prices. C) prices and income. D) None of the above are correct.
Explain the margin requirement for financial futures and how marking to market affects the margin account
What will be an ideal response?
An increase in unemployment insurance benefits will:
A. increase the demand for labor. B. decrease job search efforts of unemployed workers. C. increase job search efforts of unemployed workers. D. decrease the demand for labor.
ERISA focuses much of its attention on
A. Ponzi schemes. B. defined contribution programs. C. defined benefit pension programs. D. Social Security.