Moral hazard and adverse selection are the result of

A) poorly functioning markets.
B) government intervention.
C) private information.
D) treachery.


C

Economics

You might also like to view...

Based on the figure below. Starting from long-run equilibrium at point C, an increase in government spending that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ creating _____gap.  

A. D; an expansionary B. B; no output C. B; expansionary D. A; a recessionary

Economics

A ton of coal purchased by your local utility to burn to make electricity would be best described as

A) an intermediate good. B) a financial asset. C) a used good. D) a final product.

Economics

Explain why the demand curve for loanable funds has a negative slope

What will be an ideal response?

Economics

The major component of the marketing bill for food is ________

Fill in the blank(s) with correct word

Economics