Examlex
Bonilla-Silva proposed this triracial hypothesis in 2002. What evidence since that time would you use to either confirm or refute his hypothesis that racial stratification in the United States is changing?
Moral Hazard
The situation in which an individual or entity is more likely to take risks because the potential costs will not be borne by them but by another party.
Efficient Behavior
Efficient behavior refers to actions that maximize the desired outputs or results with the least amount of wasted effort or resources.
Insurance Industry
The sector of the economy that provides coverage against financial loss, including various types of insurance products and services.
Moral Hazard
The risk that one party to a contract can change their behavior to the detriment of another after the contract has been concluded.
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