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A borrower trashes a mortgaged house and then stops paying the bank. This is an example of moral hazard getting even adverse selection free-riding When

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A borrower trashes a mortgaged house and then stops paying the bank. This is an example of moral hazard getting even adverse selection free-riding When Congress passed a tax-cut a few years ago, the demand for municipal bonds and the curve shifted to the increased; right decreased; right decreased; left increased; left

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