Multiple Choice
In the relationship between a worker and her employer,which of the following are potential problems
A) Asymmetric information is a potential problem, but moral hazard is not a potential problem.
B) Asymmetric information is a potential problem, but adverse selection is not a potential problem.
C) Moral hazard is a potential problem, but asymmetric information is not a potential problem.
D) Adverse selection is a potential problem, but asymmetric information is not a potential problem.
Correct Answer:

Verified
Correct Answer:
Verified
Q53: Can human beings always make rational decisions<br>A)No,
Q54: Which action best exemplifies the concept of
Q55: When does the moral hazard problem arise<br>A)when
Q56: When each voter has a most-preferred outcome
Q57: How can employers try to overcome the
Q59: Table 22-2<br>Voters are deciding how they will
Q60: What does the field of political economy
Q61: What effect have recent developments in political
Q62: What outcome will a majority rule produce<br>A)an
Q63: Which practice would indicate that an employer