Answer:
b. It refers to the actions people take after they have entered into a transaction that makes the other party to the transaction worse off.
Explanation:
Moral hazard -
It occurs when the person increases their exposure to risk in the case , when the other person bears the cost of the risks .
It can occur when the action of one of the party changes due to the detriment of the other after the financial transaction is done .
hence ,
The correct answer for Moral Hazard is ( b ) .
Answer:
paper currency is the answer
Answer:
The answer is bargaining.
Explanation:
Bargaining refers to a negotiation agreement in which the people involved find a common point of interest. For example, a buyer and seller might discuss the price of a product until the two of them are content with the transaction.
Bargaining is an alternative to fixed pricing.
I believe the answer is C or A
Taxes and land............