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NeTakaya
3 years ago
6

The following is an example of the moral-hazard problem: Homebuyers do not properly evaluate the risks involved in buying a home

because they are assuming government will bail them out of a bad mortgage as it has done before.
T & F
Business
1 answer:
DENIUS [597]3 years ago
7 0

Answer: True

                                           

Explanation: In simple words, moral hazard refers to the situation when one party do not take proper care while being in a risky event knowing the fact that some other  party will bear the future potential loss if something wrong happens.

Insurance policies is one the major examples of moral hazard as the insured sometimes do not take proper care knowing the loss will be borne by the insurance company.

Hence from the above we can conclude that the given statement depicts moral hazard as the owners are taking too much risk knowing government will bail them out.

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the government removes a $4 tax on buyers of restaurant meals and imposes the same $4 tax on sellers of restaurant meals, then t
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Answer:

(B)

Explanation:

The price paid by buyers will not change, and the price received by sellers will not change because;

First,

Buyers paid 4$ tax before, later government removes or substracts -$4 tax away causing tax on meal purchased by buyers = $0.

Second,

Prior to removal of the tax on buyers of meals, sellers would have likely included this cost $4 into their cost of meals to buyers.

Now buyers are not imposed tax but the sellers are. Sellers would include this cost into the cost of meals, which is then transferred to buyers.

The equation would look this way;

Cost +$4 tax - $4 tax= + $4

The same cost would apply.

4 0
3 years ago
agricultural workers and industrial laborers were almost the same number a) during 1850 b) during 1880 c) during 1890 d) during
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Answer:

I'm not 100% but I strongly believe it is A. as after the Civil War post 1860's the Industrial Revolution took over the nation and a majority of laborers/workers were doing Industrial work.

Explanation:

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You are a technical analyst for computer networking solutions for businesses. A client of yours owns a catering business that is
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A key element of customer relationship management is to: develop a strategy to achieve the largest possible market share.

  • A company or other organization manages its relationships with consumers using a process called customer relationship management, which often involves studying a lot of data through data analysis.
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Thus this is the answer.

To learn more about CRM, refer:brainly.com/question/27993518

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1 year ago
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