Moral hazard and adverse selection problems increased in prominence in the 1980s
A) as deregulation opened up more avenues for savings and loans and mutual savings banks to take on more risk.
B) following a burst of financial innovation in the 1970s and early 1980s that produced new financial instruments and markets, thereby widening the scope for risk taking.
C) following a decrease in federal deposit insurance from $100,000 to $40,000.
D) because of all of the above.
E) because of only A and B of the above.
E
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According to House's revised path-goal theory, a leader's style should vary depending on
A. employee characteristics and environmental factors. B. position power. C. situational control. D. organizational readiness. E. leader-member relations.
Dominique Astor, a wealthy widow, visits the Inn at Chelmsford a few times each year. When she arrived this past time, she noticed in her room there was a free complimentary box of her favorite Italian chocolates, and a copy of the paper she reads every morning she stays with them. In addition, she was greeted by name and was given her preferred suite. This is an example of the ______.
a. basics driver b. enhancement driver c. wow driver d. personalize driver
The budget safety measures that address higher risks than task contingency are known as:
A) CYA factors. B) Buffer stocks. C) Managerial contingency. D) Task offsets.
In Summers v. Earth Island Institute, where the decision of the Forest Service to sell burned timber on 238 acres without preparing an environmental impact statement or formal notice of the sale was challenged as a violation of the Forest Service Decisionmaking and Appeals Reform Act, the Supreme Court held that since the:
a. Forest Service is exempt from most judicial review, the plaintiffs could only challenge the Forest Service's decisions in certain states b. Forest Service is exempt from all judicial review, the plaintiffs could not challenge Forest Service's decisions in court c. plaintiffs could not demonstrate standing, they could not challenge the Forest Service's actions in court d. plaintiffs could only demonstrate standing, they could not challenge the Forest Service's actions in court e. plaintiffs could demonstrate standing, they could challenge the Forest Service's actions in court