When one party is better informed about an economic situation than another party, economists describe the problem as one of?

Answers

Answer 1

In the given situation, the answer is moral hazard. A moral hazard happen when a party is involved in a situation in which the other party is likely be a result of what will happen in the outcome as there is a presence of incomplete information with both of the parties involved.


Related Questions

Which european country did max weber focus on in noting the different levels of economic activity in predominantly protestant regions versus predominantly catholic regions?

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Weber rooted his book about the Protestant Ethic and how it related to capitalism in the people of Germany. His book noted how the ethic itself has its roots in the Reformation that took place a few centuries prior. Also, he uses the book to explore how religious ideas have an effect on the will to pursue work and profit.

The British army was able to regain control of Georgia during the Revolutionary War because the colony...

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The British army was able to regain control of Georgia during the Revolutionary War because the colony foolishly resisted the all knowing tyrannical king

In what study was an experimental setting staged to make participants think that they were causing harm to another participant by administering electric shocks? tuskegee syphilis study milgram's obedience experiments robber's cave experiment stanford prison study

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Milgram's obedience study was performed in 1963. People in the study asked another person (and actor sitting behind a screen) a memory question. If the actor answered incorrectly, the study participant was told to administer dangerous electrical shocks to the actor. The study participants felt bad about administering the shocks, and did not know the person behind the screen was an actor. The study participants still continued to administer the shocks when directed by a man in a white coat. This study was used to show how easy it was for people to participate in killing people in the holocaust.

Young adults who were not interested in searching for their biological parents

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When children become young, in their early adulthood, curiosity goes side by side with ambitions, plans for future life and thoughts about life partner. Some become more sensitive about their origin and some accept life as it is, avoiding complexities and not going for search of their biological parents.

What do the examples of "third gender" that are explored in "global perspective: different societies, different genders" demonstrate?

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The examples of "third gender" that are explored in "Global Perspective: Different Societies, Different Genders" demonstrate that sex and gender in some non-Western cultures defy the binary classification of male and female.

When trying to solve a problem that uses a logical step by step formula called a heuristic incubation insight priming an algorithm?

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Algorithm and priming

. Which of the following statements about energy efficiency is false? A) Decreasing competitiveness in the international marketplace will likely improve energy efficiency. B) Improving energy efficiency will likely save money and provide jobs. C) If we are energy-efficient from the start, we will probably have more time to phase in renewable energy resources. D) Improving energy efficiency will probably lessen the need for military intervention in the Middle East.

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The following statements about energy efficiency is false:
B) Improving energy efficiency will likely save money and provide jobs.
The goal of energy efficiency is to use less energy. By doing so less energy will be generated at power plants and greenhouse gas emissions  will be reduced. The final goal is better quality of our air and no climate change.  Energy efficiency is also goof for the economics, while it reduces unnecessary costs for energy. New jobs and positions in the energy sector are required in order to achieve green energy and efficiency.

Answer:

A

Explanation:

Emanuel is reading a letter from his mother. unfortunately, she has poor handwriting and never closes the tops of her letters. which perceptual process best explains why emanuel is easily able to read his mother's letters?​

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The answer is top-down perceptual processing. This discusses about how our brains make use of info or data that has already remained in the brain by one or more of the sensory systems. This kind of processing is a reasoning process that starts with our thoughts, which move down to lower-level functions like our senses. 

Final answer:

Word perception is the perceptual process that helps Emanuel read his mother's letters despite her poor handwriting. Our brains are trained to group letters together based on their proximity and the spaces between words, allowing us to understand the meaning of the text.

Explanation:

The perceptual process that best explains why Emanuel is easily able to read his mother's letters despite her poor handwriting and lack of closing the tops of her letters is word perception. Word perception is the ability to recognize and understand words as distinct units of meaning, even if the individual letters are not clearly formed or separated. Our brains are trained to group letters together based on their proximity and the spaces between words, allowing us to decipher and comprehend the meaning of the text.

What happened when the charter for the national bank run out in 1811?

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It helped to end several bank runs by transferring funds to banks in need of temporary liquidity.

The First Bank of the United States was chartered by Congress (and signed by George Washington) in 1791. The bank was different from the central banks that exist nowadays, as it did not print all currency, and was partly owned by foreigners. Nevertheless, the bank was created in the image of the Bank of England and the charter ensured its existence for twenty years. When the charter ran out in 1811, Congress did not renew it. The bank ceased to exist and it was only until 1816 that a Second Bank of the United States was chartered.

The British appointed ___ to lead their forces against the French in the Seven Years' War.

William Pitt

Jeffrey Amherst

Marquis de Montcalm

James Wolfe

Benjamin Franklin

Answers

The British appointed William Pitt
The correct answer would be William Pitt

According to the adapted vulnerability-stress adaptation model, a parent who experiences clinical depression or anxiety is likely to _________________ than a parent without these experiences.

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fail - a parent with clinical depression is at a disadvantage to raise children. the stress and large amount of tasks it takes to raise children may just be too much stress for someone who does not deal with emotions well.

In a room of one's own, woolf explains that many families in the late 1400s arranged marriages. she later tells a story about shakespeare's hypothetical sister who had his genius but whose family would not allow her to develop it. which best states the claim that this information helps to develop?

Answers

Final answer:

Woolf's historical facts and fictional narrative underscore her claim about societal structures limiting women's artistic potential. She uses the fact of arranged marriages in the 1400s and Shakespeare's hypothetical sister's story to emphasize this.

Explanation:

The claim that this information about historical social constrains and Woolf's hypothetical anecdote about Shakespeare's sister helps to develop is about the societal and systemic limitations placed on women, particularly in the area of intellectual and creative pursuits. This claim underscores Woolf's enduring argument in 'A Room of One's Own,' which investigates the societal structures that prevented women from achieving their full artistic potential. These limitations, presented as facts from the late 1400s and the imagined biographical account of Shakespeare's may-be sister, serve to highlight the ways in which society, and especially patriarchal family constructs, suppressed women's voices.

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Final answer:

The information about arranged marriages and the hypothetical sister in Virginia Woolf's 'A Room of One's Own' helps develop the claim that women historically did not have the same opportunities as men in society.

Explanation:

The claim that this information helps to develop is that society historically did not give women the same opportunities as men, leading to a lack of works of literature written by women. Virginia Woolf's story about Shakespeare's hypothetical sister illustrates how a woman with the same brilliance and talent as her brother could have been held back by societal expectations and arranged marriages. Woolf argues that if women had been given the time, education, funding, and space to develop their genius, there would be a greater number of literary works by women.

Americans have seemingly always believed that their nation was blessed with a divine mission. what does this mean? how did that notion relate to the concept of manifest destiny? does such a sense of mission persist today?

Answers

It means that they thought God wanted them to explore America. This is what the manifest destiny stems from. It does not really persist today.

Americans appear to have always believed that their country was endowed with a divine mission, which meant that God wanted them to explore America. This is where manifest destiny comes from. It doesn't really exist any more.

What is the manifest destiny?

Manifest destiny was a 19th-century American cultural belief that American settlers were fated to spread across North America. The concept of Manifest Destiny held that white Americans were divinely destined to settle the entire continent of North America.

Manifest Destiny ideology inspired a variety of measures aimed at removing or destroying the indigenous population.

Americans seem to have always believed that their country had a divine mission, which meant that God wanted them to explore America. This is the source of manifest destiny. It no longer exists in any meaningful sense.

Therefore, Americans seem to have always believed that their country had a divine mission.

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Mandisa always picked up her infant daughter when she screamed because she couldn't have the toy she wanted. as a result, her daughter screams whenever she doesn't get her way. in this case, picking up the infant served as a( n ) _________ for screaming.

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In the case above, picking up the infant served as a negative reinforce for screaming in which a negative reinforce is engaged in order to stop a certain behavior or an outcome that is considered negative in which picking up the infant is a way of preventing a negative outcome such as screaming.

Mandisa's method of picking up her infant daughter whenever she doesn't get what she wants became a conditioned stimulus. Whenever she hears the screaming, the first thing that came into the mind of Mandisa would be to pick her up and calm her down. And this happens every time her infant daughter would scream. 

One-fourth of all couples who try to conceive discover that they are infertile true or false

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It is false. it is not one-fourth (1/4). While there are five million people in the United States of childbearing age- only one in every ten couples (1/10)  who try to conceive discover that they are infertile. Age can affect a woman's ability to conceive

Final answer:

The claim that one-fourth of couples who try to conceive are infertile is false; only about 6% of married women aged 15-44 in the U.S. experience infertility. Infertility can be due to male, female, both, or unknown factors, with each accounting for approximately one-third of cases. About ten percent of U.S. women of reproductive age face difficulties with pregnancy.

Explanation:

The statement that one-fourth of all couples who try to conceive discover that they are infertile is false. According to the Centers for Disease Control and Prevention, approximately 6% of married women aged 15 to 44 years in the U.S. experience infertility. Furthermore, infertility in couples has varied causes: about 30 percent is due to female factors, another 30 percent is due to male factors, and in the remaining cases, the causes may be due to problems in both partners or unknown reasons. In some cases, both partners have fertility challenges, or no cause is found, composing the final third of the infertility causes.

Infertility is a medical condition where a sexually mature adult is unable to reproduce by natural means and is defined as the failure to achieve a successful pregnancy after at least one year of regular, unprotected sexual intercourse. About ten percent (6.1 million) of U.S. women aged 15 to 44 have difficulty getting or staying pregnant, indicating that the prevalence of infertility is not as high as the initial claim suggests.

What is the basis of moral decisions for teens in kohlberg's conventional stage of development?

Answers

The basis is the comparison of them with society's views and expectations

Answer:

During adolescence, many people move into Kohlberg’s conventional stage of moral reasoning. At this stage, teens start making moral decisions based on the expectations of others and the rules and laws of society. They try to act in ways that win the approval of important people in their lives, and they usually show respect for authority. Only a minority of teens (and adults) move beyond this stage of moral reasoning. Those that enter the next stage, called the postconventional stage, make moral decisions based on higher principles, above and beyond the rules of a particular society.

Explanation:

gradpt

Miasha looks around her apartment and sees her clothes scattered about, her lunch dishes sitting in the sink, and her bed unmade. when her roommates complain about her lack of cleanliness, she calls them all slobs and leaves quite angry. miasha is using the defense mechanism of

Answers

Projection. When someone attributes to other feelings or thoughts that I have about myself.

If your close friend becomes obese, the odds of you likewise becoming obese increase. this best illustrates the impact of ________ on obesity.
a.fto
b.neophobia
c.homeostasis
d.social influence

Answers

The answer would be, "D", "Social Influence". 
Hello,



The answer is D

When police routinely use excessive force against suspects, it is considered:
a. mooching
b. abuse of power
c. chiseling
d. grappling?

Answers

B. Abuse of power
Just because they’re high authority to use force they don’t necessarily need to depending on each individual situation.

Final answer:

When police routinely use excessive force against suspects, it is considered an abuse of power, reflecting a serious misuse of authority with significant consequences. Incidents of excessive police force have heightened awareness of racial disparities and systemic issues within law enforcement.

Explanation:

When police routinely use excessive force against suspects, it is considered abuse of power. This term describes situations where law enforcement officers exceed the boundaries of their authority by acting with excessive force that is not required for the fulfillment of their duties. Acts such as placing a suspect in a headlock, wrestling them to the ground, and pinning them when they are not resisting represent a misuse of the power law enforcement is entrusted with to maintain public safety and uphold the law.

Instances like the Rodney King beating in 1991 and the more recent cases of Michael Brown and George Floyd have significantly raised public awareness about racial disparities in treatment by police and the potential for systemic abuse. The reactions to these events, ranging from protests to riots, highlight the community's response to perceived and real injustices. This understanding of power dynamics within policing is crucial for ensuring accountability and justice within law enforcement agencies.

In another case, the use of force against spousal abuse victims would also be identified as a violent crime, emphasizing the seriousness of police using excessive force in any context.

"michael is 70 years old and reflects on his accomplishments throughout life. he sees purpose in how he achieved his educational goals, reached his professional accomplishments in his profession, and raised his children. michael has a positive:"

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reached his professional accomplishments...//..

Out of the choices provided above, it can be concluded to state that Michael is known to possess a positive self-perception about his age. Therefore, the option B holds true.

What is the significance of self-perception?

Self-perception can be referred to or considered as a phenomenon wherein a person perceives himself or herself with the revolving circumstances in his or her life. It is a subjective concept, and changes from person to person.

The situation given above depicts the life of personal and professional accomplishments of a 70-year-old Michael. The description of his accomplishments can be used to make sure that Michael has had a positive self-perception of aging, as he does not have any regrets.

Therefore, the option B holds true and states regarding the significance of self-perception.

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The complete question has been added below for better reference.

Michael is 70 years old and reflects on his accomplishments throughout life. He sees purpose in how he achieved his educational goals, reached his professional accomplishments in his profession, and raised his children. Michael has a positive:

a. autobiographical narrative

b. self-perception of aging

c. self-identity

d. subjective age

Kahal has very conservative political beliefs, and he prefers listening to radio talk shows and reading magazines that are consistent with his views. kahal's tendency to search only for information and evidence that support his perspective illustrates the

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Kahal's tendency to search only for information and evidence that support his perspective illustrates the "Confirmation bias".

Confirmation bias otherwise known as confirmatory bias or myside bias, is the propensity to scan for, translate, support, and review data in a way that affirms one's previous convictions or hypotheses. It is a sort of intellectual predisposition and a deliberate mistake of inductive thinking. Individuals show this inclination when they accumulate or recall data specifically, or when they decipher it biasedly.

J. mcvicker hunt observed children in an iranian orphanage being raised in an extremely deprived environment. these children were passive and cognitively immature. hunt's training program for caregivers, called ________, dramatically advanced the children's intellectual and language abilities.

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The answer is tutored human enrichment. The tutored human enrichment will help the individual into developing their abilities and intelligence that are exercised and trained with the use of mental quality in which this will help the Iranian children to develop their cognitive abilities.

Why are people often more concerned about germ line mutations than somatic ones?

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Germline mutations can be passed on to the future generations. Somatic mutations can spontaneously arise in a cell at any time in a person’s life, but this type of mutation is limited to the descendants of the original cell that developed the mutation.

What is the purpose of using a mask in word recognition tasks?
a. it allows experimenters to change subjects' responses.
b. it disrupts the word superiority effect.
c. it disguises the words so that a person cannot recognize them.
d. it serves to stop participants from continuing to process the stimulus?

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The purpose of using a mask in word recognition task is to allow variation in topics and responses in the test takers. It helps bring every subject to the same level and hides words so subject can't regonize them.

Where did most political machines arise and receive the most support at the turn of the century?

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Most political machines rose and received the most support from areas with large immigrant populations. Many machines were created in cities to serve the immigrants to the United States in the late 19th century. They regarded machines as a vehicle for political enfranchisement (having the right or privilege especially in electoral votes). Machine workers helped win elections by emerging the most voters on election day. 

One fear about false memories of childhood traumas is that

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The answer is that it will likely have an effect on the person's life and the false memory that he or she has in his or her mind will likely affect the way he or she does his or her activities that involved with the false memory of child hood trauma that he or she acquires.

One fear about false memories of childhood traumas is that individuals may come to believe in traumatic events that never happened, which can have serious implications for both the individuals and their families. This concern arises from the understanding that memory is malleable and can be influenced by suggestion, leading to the creation of memories for events that never actually occurred.

The topic of false memories is prevalent in the field of psychology, particularly in the realm of therapy and legal settings. Memories, especially those from childhood, can often be incomplete or malleable, and suggestive questioning or therapeutic techniques such as hypnosis can lead to the creation of memories that feel very real to the individual but might not be based on actual events. The consequences of such false memories can be profound, leading to strained relationships, wrongful accusations, and misdirected psychological treatment. Therefore, professionals in the field are cautioned to approach the retrieval of childhood memories with care to avoid implanting false ones.

The sixth amendment requires that the trial occur in the district in which the crime was committed.

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Yes that is "True" that the sixth amendment requires that the trial occur in the district in which the crime was committed.
Along with other rights including a right to attorney if someone asks for one and an impartial jury, the sixth amendment also gives the right of a speedy trial where no unnecessary delay should occur. 

Although the improvement is only moderate, relaxation techniques have been shown to have a positive effect on

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Relaxation can have a positive effect on alleviating pain, headaches, and high blood pressure. This is mainly due to lessening the stress on the body, which is a big factor in causing all of these maladies. Finding ways to depressurize can help with pain management, in general.

Jan is very perceptive about other people. according to howard gardner, jan is high in which type of intelligence?

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According to Howard Gardner Jan is perceptive in interpersonal intelligence. Persons who score high in interpersonal intelligence are very perceptive to others feelings and usually work well with others and in teams. They can read and interpret body language and other cues to perceive others feelings. Howard Gardner proposed other types of intelligence that include musical, logical mathematics, intra-personal and linguistic. 

When a couple shares passion and intimacy but there is no commitment, sternberg would say they have:?

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combines passion and intimacy, but without commitment; kind of love people mean when they talk about being "in love," often experienced as intense and joyful, but it rarely lasts long

Mixes passion and intimacy without committing; the kind of love that people refer to when they say they are "in love," which is frequently felt as strong and joyous but rarely lasts for a long time.

What is couple?

As a verb, couple means "to pair or combine," as people on a dance floor. If two people are dating, they are referred to as "a couple," if they are married, they are referred to as "a married couple," and if two men are playing basketball, they are referred to as "a couple of guys playing basketball."

A few traditionally refers to two people, but it's frequently used in colloquial language to mean approximately the same thing as a few, which, depending on the situation and the magnitude of the numbers being discussed, may refer to two, three, or four people. Consider the scenario where 50 people were invited but only 12 showed up.

Thus, Mixes passion and intimacy without committing.

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The angular momentum of a freely rotating disk around its center is ldisk. you toss a heavy block horizontally onto the disk along the direction shown. friction acts between the disk and the block so that eventually the block is at rest on the disk and rotates with it. we will choose the initial angular momentum of the disk to be positive. 1) what is the total, the magnitude of the angular momentum of the disk-block system Which two types of figurative language are used in this excerpt from The Lady of Shallot by Alfred Lord Tennyson?In the stormy east-wind straining,The pale yellow woods were waning,The broad stream in his banks complaining,Heavily the low sky rainingOver tower'd Camelot;alliterationmetaphorpersonificationsimile please help for the first two questions! i don't know how to do them. Eric has 4 bags of 10 marbles and 6 single marbles . how many marbles does eric have True or false any number in the form of a + bi where a and b are real numbers What is a service the governor of California provides? for f(x) =24-2x, find f(2) and find x such that f(x) =10 Suppose the correlation coefficient between a babys weight and the number of coffee shops in Plumville is 0.87. Which statement must be true? A.Having more coffee shops around causes the baby to gain weight. B.As the baby gains weight, the number of coffee shops tends to increase. C.As the baby gains weight, the number of coffee shops tends to decrease. D.The babys weight gain causes people to open more coffee shops. What was one of Churchill's purposes for writing "The Sinews of Peace"?to reject and dismiss calls for the British government to forge a "special relationship" with the American governmentto call for the United States to establish formal diplomatic relations with the Soviet Union in order to prevent further warto warn America and the world about the threat that the Soviet Union and the rise of communism posed to freedom and peaceto advocate for the United Nations to develop its own armed forces so that member states need not participate in future wars What happens when two species occupy the exact same nicheA. One will cause a primary disturbance B. They will both increase in population C. They will help each other D. Only one will survive What does the A stand for in the R.A.C.E. Strategy Abigails grandmother is getting very forgetful and her family is worried that she isnt telling the doctor all of her symptoms and discomfort when she goes to an appointment how can Abigail and her family best advocate for grandmother so she maintains her health It took John 3 minutes to drive 18 laps. How many laps per minute did he run? Congress is considered a bicameral body because it contains ______ chambers known as _________. 3; the legislative, executive, and judicial branches 2; republicans and democrats 2; the house of representatives and the senate 3; the speaker, the majority leader, and the minority leader For the x-values 1, 2, 3, and so on, the y-values of a function form a geometric sequence that increases in value. What type of function is it? A. Exponential growth B. Decreasing linear C. Increasing linear D. Exponential decay Factor each of the following. Remember: It is the reverse of the distributive property and your first step is to find the greatest common factor of all terms. A bursting forth of blood from the stomach is known as Determine if the side lengths 6, 11, and 19 form a triangle. If it is a triangle, classify it by its sides. During a trip to Galapagos island which Observation led Charles Darwin to suspect that organisms change over time What's the largest 3-digit base 14 integer? Steam Workshop Downloader