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

Author Question: Which of the following best illustrates the problem of moral hazard? A) a professional baseball ... (Read 75 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
on: Jun 30, 2018
Which of the following best illustrates the problem of moral hazard?
 
  A) a professional baseball team that consistently drafts poor players
  B) an individual that is hiding a pre-existing condition from a health insurance provider
  C) an increase in the level of one's income will lead to a decrease in demand for inferior goods
  D) an economic agent that engages in risky behavior once a loan contract is signed

Question 2

In the monetary small open-economy model with a fixed exchange rate, an increase in the domestic price level has which impact on domestic money demand?
 
  A) It increases it.
  B) It decreases it.
  C) It has no impact.
  D) It depends.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kjo;oj

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


shofmannx20

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
Excellent

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

The anterior pituitary is sometimes called the master gland because it secretes many hormones that r The anterior pituitary is sometimes called the master gland because it secretes many hormones that r
Piaget’s Three-Mountain Problem Piaget’s Three-Mountain Problem
Vapor density. The top drawing illustrates the movement of a gas with a vapor density less than 1; ... Vapor density. The top drawing illustrates the movement of a gas with a vapor density less than 1; ...
How to solve a half life problem involving exponential models (Question 2) How to solve a half life problem involving exponential models (Question 2)
Hyperbola Math Problem (pt2) Hyperbola Math Problem (pt2)
Problem Problem
Video: Net filtration pressure and lymph formation, edema & blood velocity

For a complete list of videos, visit our video library