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Many experts argue that when the government bails out a private financial institution it creates a problem called moral hazard, meaning that if the institution
- Many experts argue that when the government bails out a private financial institution it creates a problem called moral hazard, meaning that if the institution knows it will be saved, it actually has an incentive to take on more risk, not less. What do you think?
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
11th Global Edition
1292094184, 978-1292094182
