The "too big to fail" policy exacerbates the moral hazard problem between

Select one:

a.banks and borrowers.

b.regulators and banks.

c.politicians and regulators.

d.the public and politicians.

A wholesale firm agrees to deliver 2 tons of fertilizer to Ronald, a farmer, one month from today at a price of $110 per ton. This is an example of a(n)_____.

Select one:

a.swap

b.futures contract

c.forward contract

d.option