« previous next »

Author Question: When applying for a loan, a borrower tends to know more about her ability to pay it back than does ... (Read 38 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Jun 30, 2018
When applying for a loan, a borrower tends to know more about her ability to pay it back than does the bank. This is an example of
 a. perfect information
  b. moral hazard
  c. a low marginal benefit of information for the bank
  d. asymmetric information
  e. optimal search

Question 2

Production and exchange depend on an reliable infrastructure of
 a. transportation
  b. communication
  c. sanitation
  d. electricity
  e. All of the answers are correct


mohan

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Cyanide works by making the human body unable to use oxygen.

A child in an orphanage in Juba, Sudan. The treatment of this child is likely to affect his ability ... A child in an orphanage in Juba, Sudan. The treatment of this child is likely to affect his ability ...
Applying and Removing Nonsterile Gloves Applying and Removing Nonsterile Gloves
Applying and Removing Nonsterile Gloves Applying and Removing Nonsterile Gloves
a) Keep your thumb straight when applying pressure. b) Avoid hyperextending the thumb. c) Avoid ... a) Keep your thumb straight when applying pressure. b) Avoid hyperextending the thumb. c) Avoid ...
Scapula mobilizing technique: move and lift the scapula by pulling back at the shoulder. Scapula mobilizing technique: move and lift the scapula by pulling back at the shoulder.
Uncover the back down to the waist. Stand at the head to apply lubricant to the back using long ... Uncover the back down to the waist. Stand at the head to apply lubricant to the back using long ...
Video: Spinal Cord Injury Animation

For a complete list of videos, visit our video library