Asked by MUHAMMAD HASNAIN on Sep 24, 2024
Verified
Many spouses complain that their partners put less effort into their relationship after getting married.This is an example of
A) Moral hazard
B) Adverse selection
C) Terrible husbands
D) None of the above
Moral Hazard
A situation in which one party is motivated to take undue risks because the consequences of those risks will be borne by another party.
Less Effort
The minimal amount of work or energy applied to accomplish a task or objective.
Relationship
A connection or association between two or more concepts, objects, or individuals, often highlighting how they interact or affect each other.
- Familiarize yourself with the idea of moral hazard, covering its triggers and resultant impacts.
- Acknowledge representations of moral hazard in personal and professional environments.
Verified Answer
Learning Objectives
- Familiarize yourself with the idea of moral hazard, covering its triggers and resultant impacts.
- Acknowledge representations of moral hazard in personal and professional environments.
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