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When the European Central Bank provides credit to a country that is experiencing debt repayment problems, the ECB commonly:allows the countrys a. imposes austerity conditions

When the European Central Bank provides credit to a country that is experiencing debt repayment problems, the ECB commonly:allows the countrys

a.

imposes austerity conditions to enable the government to reduce its budget deficit.

b.

urges the countrys government to increase spending and lower taxes to stimulate the economy

c.

government to conduct its own monetary policy.

d.

recommends that the country withdraw from the eurozone.

Googles IPO used a _________ auction process, which enabled it to attract a diversified investor base including many individual investors.

a.

leveraged

b.

venture

c.

laddered

d.

Dutch

A(n) _________ problem occurs when a person or institution does not have to bear the full consequences of its behavior and therefore assumes more risk than it otherwise would.

a.

specific hazard

b.

risk adjustment

c.

asymmetric information

d.

moral hazard

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