Moral hazard occurs if one party to a transaction takes actions that the trading partner ________ and that ________ the benefits the trading partner receives from the trade.
A. observes; affect
B. observes; do not affect
C. cannot observe; affect
D. cannot observe; do not affect
C. cannot observe; affect
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If a distribution of numerical scores contains one or two extremely high values, compared to the rest of the scores, which measure of central tendency would produce the most representative value?
a. the mean b. the median c. the mode d. the standard deviation
The ______ refers to the psychological processes not available for direct rational scrutiny but may guide individual experiences and behaviors.
A. conscious B. id C. unconscious D. ego
In the multistore model of information processing, what is meant by the term "store"?
a. A type of memory b. A shopping location c. A meeting place near a school d. A place where toys may be kept temporarily
If we say that some individuals are more intelligent than others, we are defining intelligence as a:
a. conditioned trait b. individual trait c. personal disposition d. common trait