Examlex
Authoritative parenting involves being both
Moral Hazard
The situation in which one party engages in risky behavior knowing that it is protected against the risk because another party will bear the cost.
Financial Crisis
A situation where financial assets suddenly lose a significant part of their nominal value, often leading to market crashes and economic downturns.
Too Big to Fail
A concept that some financial institutions are so large and interconnected that their failure could lead to a catastrophic effect on the broader economy, necessitating government intervention.
Asymmetric Information
A situation in which one party in a transaction has more or significantly better information than the other.
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