【单选题】Solutions to the moral hazard problem include

A、collateralizes the debt contract.

B、makes the debt contract incentive compatible.

C、state verifies the debt contract.

D、does none of the above.

A、are major disruptions in financial markets that are characterized by sharp declines in asset prices and the failures of many financial and nonfinancial firms.

B、occur when adverse selection and moral hazard problems in financial markets become more significant.

C、frequently lead to sharp contractions in economic activity.

D、all of the above.

A、moral hazard.

B、adverse selection.

C、free-riding.

D、costly state verification.

A．random

B．total

C．graded

D．natural

A．the global positioning system is not advanced enough.

B．the volume of freight traffic on the roads is too heavy.

C．the bigger truckers are not so flexible and efficient.

D．the trucks and tunnels are too heavily loaded.

【填空题】1. Your appointment will take ____ from 1st July. A. action B. hold C. effect D. place 2. His irresponsible behavior put the lives of all the workers in____. A. risk B. alarm C. hazard D. jeopardy 3. We were asked to ____ from smoking until the plane was airborne. A. resist B. restrain C. restrict D.refrain 4. By the end of the month our only hopes of success ____ in recruiting more extra help. A. lay B. consist C. stood D. arose 5. Educators agree that sport provides an ____ for an adolescent’s feelings of aggression or frustration. A. overflow B. outlet C. exhaust D. exit 6. It was felt that these intellectual snobs lacked the __to pursue a difficult task to the end. A. commitment B. engagement C. obligation D. persuasion 7. The tap is ____ because it needs a new washer. A. dribbling B. ripping C. running D. dripping 8. The doorway of the Eskimo igloo was so low that we had to ____ down to enter. A. incline B. bend C. drop D. bow 9. The artifacts displayed in the museum will ____ the imagination of succeeding generations of artists. A. fire B. heat C. burn D. raise 10. The case of the brutal killing of the black people was____ by the judge for lack of evidence. A. discarded B. disallowed C. abandoned D. dismissed

A．approaches

B．exposures

C．hazards

D．laziness

A．hazard

B．factor

C．effect

D．occasion

A．True

B．False