Which of the Following Explains Why Banks Are Decorated with Marble

question 49

Multiple Choice

Which of the following explains why banks are decorated with marble floors, brass fittings, exterior pillars and elaborate lighting?

• A)Adverse selection
• B)Moral hazard
• C)Incentive compatibility
• D)Government regulation

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Definitions:

Output Effect

The change in total output resulting from an adjustment in productive resources or technology.

Service

An intangible act or use provided by one party to another, often characterized by an exchange of expertise or time.

Occupation

A job or profession practiced by an individual, often requiring specific skills or training.

Bureau of Labor Statistics

A U.S. government agency responsible for collecting, processing, and disseminating essential statistical data related to labor market activity, working conditions, price changes, and productivity.