This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose that a borrower has a near-perfect credit history before the bank loans him some money. ... (Read 64 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Suppose that a borrower has a near-perfect credit history before the bank loans him some money. Shortly after the loan has been made, he loses his job and spends money recklessly. This describes the problem known as
 
  A) moral hazard.
  B) adverse selection.
  C) risk aversion.
  D) asymmetric information.

Question 2

During 19902003, as a percentage of total resource flows to developing countries, the share of official flows has
 
  (a) remained relatively constant.
  (b) increased by a relatively small percentage.
  (c) increased by a relatively large percentage.
  (d) decreased by a relatively small percentage.
  (e) decreased by a relatively large percentage.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessicaduplan

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Dentition of a collared peccary, as illustrated in Knight's Sketches in Natural History Dentition of a collared peccary, as illustrated in Knight's Sketches in Natural History
The Tsavo Man-Eaters on display in the Field Museum of Natural History in Chicago, Illinois. The Tsavo Man-Eaters on display in the Field Museum of Natural History in Chicago, Illinois.
Time Line of Human History From Upper Paleolithic Period to the Present Time Line of Human History From Upper Paleolithic Period to the Present
A Brief History of Meteorology A Brief History of Meteorology
Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ... Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ...
By the People: A History of the United States, AP Edition By the People: A History of the United States, AP Edition
Video: Michaelis–Menten equation & Kinetic parameters

For a complete list of videos, visit our video library