_____ occurs in banking if the firm receiving a bank loan behaves differently after it receives the loan, in a way that harms the bank.
A. Irrational expectations
B. Adverse selection
C. Moral hazard
D. Rent-seeking behavior
Answer: C
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Cameron loves to own and be up-to-date on the latest technological gadgets available in the market. Among his friends, he is always the first to own the latest electronic gadgets. He loves trying out new products before others
Cameron most likely belongs to the ________ adopter group. A) innovator B) surrogate consumer C) late mainstream D) early mainstream E) lagging
In the context of product classifications, tangibility refers to the ________.
A. value of a product in the market B. service delivered with a product C. ability to create a combination of product and service D. fundamental need met by a product E. physical aspects of a product
z is a standard normal random variable. The P (1.41 A. 0.4978.
B. 0.4207.
C. 0.9185.
D. 0.0771.
Generalization and specialization are often dictated by ________
A) the goal of the system B) the programmer C) business needs D) the analyst