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:
Explanation:
Evolutions in technology and media have made existing without a computer a thing of the past. Whether it be simple management of data in a day-to-day job or preparing for a career in software development, being fluent in the management and use of computers and other technologies is part of a 21st century education. If you speak the language of information and technology and want to get students ready for a cutting edge education, you might make a great IT teacher.
Farms in New England colonies where colder climate so they grew lumber. While in the middle colonies there was more fertile soil. So they grew stuff like grains and tobaccos, to match the hotter climate.
