--%>

Bookkeeper problem regarding Moral Hazard

I have a problem in economics on Bookkeeper problem regarding Moral Hazard. Please help me in the following question. When a bookkeeper embezzles $1 million and flees to the Brazil after 22 years on the job, there is a trouble of: (i) Fugitive dereliction. (ii) Obvious inequity. (iii) Adverse selection. (iv) Moral hazard.

Select the most correct answer from the above.

   Related Questions in Microeconomics

  • Q : Minimum value of investment multiplier

    Minimum value of investment multiplier: Investment multiplier K=1/1-mpcWhen mpc = 0 then K=1/1-0 = 1 that is the minimum value of investment multiplier

  • Q : Impact of deficient demand in an economy

    Describe deficient demand in an economy? Determine its impact on output, employment and price? Answer: Deficient demand terms to the condition when aggregate demand

  • Q : Greatest strategy for maximizing profit

    Monsieur Cournot contains a monopoly on an artesian well from that flows tasty spring water reputed to have medicinal properties. To ignore incurring any variable costs, he is adamants that customers bring their own pails also fill th

  • Q : Net income after-tax under negative

    Under negative income tax system demonstrated in this figure, where a family of four all along with earned income of price of $15,000 per year would have a net income after-tax, as of: (1) $30,000 per year. (2) $27,500 per year. (3) $

  • Q : Concept of Production Possibilities

    The Production possibilities frontiers describe the concepts of: (1) A trade-off between inflation and unemployment. (2) Positive economics versus the normative economics. (3) Scarcity, opportunity costs, and reducing returns. (4) Absolute advantages

  • Q : Theory of mercantilism Explain what was

    Explain what was the theory of mercantilism?

  • Q : Income elasticity of demand Income

    Income elasticity of demand: Income elasticity of demand is the degree of receptiveness of demand to the modification in income.

    Q : Goods trading problem Choose the right

    Choose the right answer from following. In recent years the United States has: A) exported more services abroad than it has imported. B) had a small goods trade surplus with Japan. C) had a large goods trade surplus with the rest of the world. D) fallen to third behin

  • Q : Shift in the demand for loanable funds

    Assume that this market is initially within equilibrium along with a supply of funds consequent to S0 and a demand for loanable funds consequent to I1. When the U.S. Department of the Treasury be

  • Q : Positive values of marginal utility

    The Positive values of marginal utility curve are related with: (i) Reducing values of net utility. (ii) The highest point on a net utility function. (iii) Negative values of a net utility function. (iv) Rising values of total utility.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1437729 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1958068
    Asked

    3,689

    Active Tutors

    1437729

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.