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____ [38]
2 years ago
11

6) The problem created by asymmetric information before the transaction occurs is called ________, while the problem created aft

er the transaction occurs is called ________.
Social Studies
1 answer:
IceJOKER [234]2 years ago
3 0

Answer:

Adverse selection; Moral hazard

Explanation:

Asymmetric information refers to a situation in which one person have more information about the other person while engage in a transaction.

Suppose there are a buyer and a seller in a insurance market. In this market, a buyer have more information than the insurance seller because he knows better about his health condition and how much he is involved in riskier activities. Therefore, this problem is known as adverse selection.

Moral hazard refers to a problem which occurs after the transaction has occured. It occurs when someone try to engage in riskier activities because he or she knows that other party bears the burden of cost if there is anything goes wrong.

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Scientists' argument over the relative importance of heredity and environmental influences is called the?
vovikov84 [41]

<u>Scientists</u><u>' argument over the relative importance of heredity and environmental influences is called the</u><u> nature-nurture debate.</u>

What does nurture refer to in the nature vs nurture debate?

  • Reviewed by Psychology Today Staff. The expression “nature vs. nurture” describes the question of how much a person's characteristics are formed by either “nature” or “nurture.”
  • “Nature” means innate biological factors (namely genetics), while “nurture” can refer to upbringing or life experience more generally.

What does nurture refer to?

Nurture refers to all the environmental variables that impact who we are, including our early childhood experiences, how we were raised, our social relationships, and our surrounding culture.

Who said nature vs. nurture?

The phrase 'nature versus nurture' was first coined in the mid-1800s by the English Victorian polymath Francis Galton in discussion about the influence of heredity and environment on social advancement.

Learn more about nurture

brainly.com/question/11333427

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6 0
2 years ago
Laura can use a toy car to demonstrate the force of gravity by doing which of these
Juli2301 [7.4K]

Answer:

letting the toy car roll down a ramp

Explanation:

correct me if im wrong

hope its help

7 0
2 years ago
Read 2 more answers
What are you called when you don't care what gender you are?
dexar [7]
I’m am fairly certain this is called Cassgender.
5 0
3 years ago
Read 2 more answers
Suppose you wanted to study the relationship between high school
lyudmila [28]

Answer:

<u>Hypothesis: To study the relationship between the graduation rate and crime among school going children.</u>

<u>Independent variable: school going children</u>

<u>Dependent variable: crime rate</u>

<u>A few previous study based on the similar hypothesis by other researchers.</u>

Explanation:

<u>Independent variable: </u>The term independent variable is determined as a specific variable in a research study or an experiment that is being changed or altered by a researcher or an experimenter to see its effect on the experiments' dependent variable.

<u>Dependent variable: </u>The term dependent variable is determined as a specific variable that is being tested in a research or an experiment.

3 0
3 years ago
Of all his six siblings, Bernard lived the longest. All his sisters and brothers died of various illnesses at much younger ages
Degger [83]

Answer:

Conscientiousness          

Explanation:

Conscientiousness: The term conscientiousness is one of the personality traits in the Big Five personality trait model or theory. The personality trait is characterized by being diligent or careful. A conscientious person desires to perform well on a specific task, obligations to another person seriously, most organized, and efficient. A conscientious person is considered to be as dependable, hardly misses out anything be it an appointment or something else, hard worker, and honest

An individual who is high on conscientiousness is considered to be as reliable, perfectionist, and responsible.

As in the question above, Bernard lived a long life as compared to his siblings because he was high on conscientiousness and he has done everything perfectly and on time.

3 0
3 years ago
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