Bank X had a reputation for asking few questions when it provided loans. Five years later, the majority of the loans were not repaid. This is because the bank had failed to address the
A) moral hazard problem. B) free-rider problem.
C) contrary selection problem. D) adverse selection problem.
Question 2
If capital per hour of labor increases, GDP per hour of labor
A) increases because the level of technology advances.
B) increases for a given level of technology.
C) changes only if technology also advances.
D) decreases for a given level of technology.
E) decreases because the level of technology decreases.
Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional
The 2012 U.S. presidential campaign rang with “get tough” cries to end Iran’s nuclear capacity and c
During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
“Career choice” for many women means leaving their paid jobs for a number of years when they ...
Piggy bank
Earth 200 Million Years Ago