The Idea That Rescuing States from the Consequences of Reckless

question 62

Multiple Choice

The idea that rescuing states from the consequences of reckless economic behavior actually encourages future reckless behavior is called

• A) hedging.
• B) portfolio investment.
• C) sovereign wealth funds.
• D) moral hazard.

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Definitions:

Pygmalion Effect

The situation that occurs when a managerial leader believes that a group member will succeed and communicates this belief without realizing it.

Live up to Expectations

The act of meeting or surpassing the anticipations, hopes, or standards set by oneself or others.

Higher-level Needs

Refers to the more abstract, psychological, and self-fulfillment needs that go beyond basic physical or material requirements, such as self-esteem and self-actualization.

Hands-on Guidance

Direct involvement and support in leading others or instructing how tasks should be performed, typically through practical demonstration.