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An example of the ___________ problem would be when a company's manager used the capital raised for his personal use, while an example of the

An example of the ___________ problem would be when a company's manager used the capital raised for his personal use, while an example of the __________would lead to multiple potential bad risk projects

Select one:

a. adverse selection; moral hazard

b. adverse selection, agency

c. moral hazard; adverse selection

d. moral hazard, agency

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