Author Question: Savers have less incentive to care what their bank is doing with their money because their deposits ... (Read 92 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?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

For a complete list of videos, visit our video library