___________ refers to the tendency to change one’s behavior, for example, to take more risks, because someone else bears the cost of those risks. ( ).
A: Credit crunch
B: Credit rationing
C: Moral hazard
D: Adverse selection
A: Credit crunch
B: Credit rationing
C: Moral hazard
D: Adverse selection
举一反三
- It is ______ to take credit for other people’s ideas. (moral)·
- Risks that can be avoided through the portfolio include ( ) . A: Corporate credit risk B: Market price risk C: Corporate control of people's moral hazard D: Market liquidity risk as a whole E: Risk of contagion from external crises F: Risk of monetary policy adjustment
- The presence of _________ in financial markets leads to adverse selection and moral hazard problems that interfere with the efficient functioning of financial markets.
- The employer of the cost plus remuneration contract almost bears all the risks of the project.
- I am ______ of the risks involved in the project, but I’m willing to take the risks.