Define moral hazard in a financial sense what must be, Finance Basics

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Define moral hazard in a financial sense what must be

Question: Define moral hazard in a financial sense. What must be present for moral hazard to arise? Describe the moral hazard that occurred with the Great Recession of 2007 - 2009. How could this type of behavior be avoided in the future? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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