Examlex
Which of the following situations is likely to lead to moral hazard?
(i) a self-employed tradesperson working on her own job site
(ii) the government requiring all insurers to offer flood insurance
(iii) laws requiring all drivers to wear seatbelts
Federal Judiciary
The branch of the United States government responsible for interpreting and applying laws at the federal level, consisting of the Supreme Court and lower federal courts.
Assumption of State Debts
A policy proposal by Alexander Hamilton in the late 18th century, advocating that the federal government assume debts incurred by the states during the American Revolutionary War.
Alexander Hamilton
A Founding Father of the United States, chief staff aide to General George Washington, and the first Secretary of the Treasury.
Opposition in Congress
Instances or movements within the United States Congress where members challenge, resist, or impede policies, legislation, or leadership.
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