Author Question: Savers have less incentive to care what their bank is doing with their money because their deposits ... (Read 58 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
Savers have less incentive to care what their bank is doing with their money because their deposits are federally insured. This is a problem of
 a. nominal interest
  b. adverse selection
  c. moral hazard
  d. the winner's curse
  e. a positive externality

Question 2

The country of Bananaland has an abundant supply of banana trees and therefore must be a modern industrial economy.
 a. True
  b. False



SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Your heart beats over 36 million times a year.

For a complete list of videos, visit our video library