Moral Hazards Flashcards
1
Q
What are moral hazards
A
When a person or organisation takes a greater risk than they would otherwise because a third party carries the burden eg nhs
macroEcon question answers > Moral Hazards > Flashcards
What are moral hazards
When a person or organisation takes a greater risk than they would otherwise because a third party carries the burden eg nhs
macroEcon question answers (32 decks)