Business, 28.08.2019 03:30 princessgabbee8452

Moral hazard occurs when:
a. individuals do not do what is in their own best interest.
b. an individual knows more about the way things are than other people do
c. an individual has an incentive to violate his or her morals.
d. an individual knows more about his or her actions than other people do.
stephanie offers to pay josh $1,000 a year from now if he will lend her money today. assume that there is no inflation over this period. if josh wants to earn 10% interest, the maximum amount he will lend mary is:
a. $909.09
b. $990.09.
c. $90
d. $826.45

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 15:00

Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii

Answers: 2

Answer

Business, 22.06.2019 16:30

On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.

Answers: 1

Answer

Business, 22.06.2019 18:50

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right

Answers: 3

Answer

Business, 22.06.2019 19:30

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above

Answers: 2

Answer

You know the right answer?

Moral hazard occurs when:
a. individuals do not do what is in their own best interest.
...

Questions