What is moral hazard?

Fill in the blank(s) with the appropriate word(s).


When one side of an economic relationship takes undesirable or costly actions the other side cannot observe.

Economics

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Describe four forms of affirmative action

What will be an ideal response?

Economics

Taxes listed as Federal Insurance Contribution Act taxes on the employee paystub are ________

A) payroll taxes B) value-added taxes C) income taxes D) excise taxes

Economics

All of the following are benefits of labor unions EXCEPT

A) unions reduce wage inequity. B) unions increase the stability of the workforce. C) unions give workers a political voice. D) unions maximize employment for all workers.

Economics

The basic equation of monetarism is:

A. MV = PQ. B. S a + T + M = I g + G + X n . C. V = M/PQ. D. C a + I g + X n + G = GDP.

Economics